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Trump Says Bitcoin is ‘Amazing’ as US Leads China in Crypto Race
U.S. President Donald Trump strongly endorsed Bitcoin and the overall crypto industry, calling it “amazing” and “a great thing for our country.” His comments come as crypto regulation bills are expected to pass in the coming months.
At the latest press briefing event, Trump stated, “I became a fan of crypto… it’s an industry, and I’m president. If we didn’t have it, China would.” He emphasized that the U.S. has “dominated” this space and built a powerful industry around it, highlighting its growing importance to the economy and job creation.
He also pointed out that when the stock market went down recently, crypto dropped less than other sectors, showing its strength. Trump said, “We’ve created a very powerful industry, and that’s much more important than anything we invest in.”
