Trump said he wants to include five cryptocurrencies, such as Bitcoin and Ethereum, in the U.S. strategic reserves, and is also preparing to create a 'cryptocurrency capital'.
What exactly is he selling in this gourd? 😕
Is he trying to launch a new coin to replace Bitcoin's position in the cryptocurrency circle?
We must know that Trump has never played by the rules.
He previously called Bitcoin a 'scam', but now he is enthusiastic about cryptocurrencies, making a 180-degree turn in attitude.
This makes it hard not to suspect that he is up to something? 😕
Could it be that he wants to use the launch of a new coin as an excuse to suppress the prices of Bitcoin and Ethereum?
After all, once there is a new hotspot in the market, funds will flow to the new coin, and the prices of the old coins will naturally be affected.
Once the prices of Bitcoin and Ethereum are driven down, will he seize the opportunity to buy low and make a big profit?
This tactic is very much like his business style.
However, all of this is just speculation.
Trump's thoughts are probably inscrutable even to the giants attending the White House cryptocurrency summit.
But regardless, his series of actions has already stirred the cryptocurrency market.
Next, we’ll see how the market reacts and what new moves Trump will make.
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