Trump's Frequent 'Interventions' in the Crypto Market Raise Questions: Is It for Group Interests?
Trump continues to stir up the crypto market, and such frequent actions certainly raise suspicions about his true intentions, as if he is solely seeking a source of profit akin to a 'legal power bank'.
The crypto market gathers the economic lifeblood from around the world, with capital flow crossing national borders. However, Trump, with just a few words, can have a tremendous impact on the direction of market funds, as if he can easily extract wealth from this international market. This inevitably leads one to wonder whether this behavior can be considered his so-called unique strategy of 'Making America Great Again'.
Upon careful consideration, this approach seems to offer many benefits to Trump. On one hand, he can accumulate voter prestige. Initially, he claimed to be the most crypto-friendly president, winning the support of some people. On the other hand, the adjustment of the American economic structure has reached a critical point, and the crypto market, which is almost entirely regulated by the United States, resembles an under-explored gold mine that could bring enormous profits to America and the families behind it, with a speed that traditional industries cannot match.
Currently, these are just my speculations. But Trump's frequent 'manipulations' in the crypto market are likely to satisfy the vested interests of the group behind him, turning this market into their own 'profit field'.