President Trump: I support crypto. We need to do it, otherwise, China will. Crypto is something very new, very popular, very hot, and is growing strongly. Even when the overall market is down, crypto still holds its strength, much stronger than many other parts of the market.

A lot of people, millions of people, are interested in crypto. They want it, and I think we should listen to them. You know, Biden used to oppose crypto vehemently, but right before the election, he completely changed his tune. They all changed their tune. Why? Because they know there are hundreds of millions of people investing in crypto, and they want to win the votes of those people. It's that simple.