#TrumpTariffs
💥 Breaking News 💥
🇺🇸🇨🇳 "We’re leading China in crypto," declares President Trump, sparking waves across the financial and political world.
His bold claim follows the controversial rise of the $TRUMP memecoin—linked to his family—raising ethical red flags as profits reportedly flow directly to the Trumps, according to The New York Times (May 13, 2025).
Meanwhile, a financially weak firm with Chinese connections made headlines after announcing a $300 million investment in both $TRUMP and Bitcoin—fueling speculation and artificially inflating the memecoin’s price, despite its lack of real-world utility.
Adding to the volatility, the escalating U.S.-China tariff war (Reuters, May 14, 2025) is subtly influencing crypto markets. Some analysts suggest this could push Bitcoin mining towards decentralization, though China still holds a dominant share of global hashrate (CCN, April 2025).
The intersection of politics, profit, and digital currency continues to stir intense debate.