Former US President Donald Trump has been active in the cryptocurrency field recently, not only publicly expressing support for Bitcoin but also reportedly having his family actively expand their presence in the blockchain industry. Reports indicate that Trump himself holds a significant amount of Bitcoin, and his son Eric Trump has also confirmed the family's optimism towards Bitcoin, believing it will experience "exponential growth" in the future.
Moreover, companies related to the Trump family are actively participating in Bitcoin mining activities, and there are even reports that they plan to launch a Bitcoin ETF. This shift has attracted market attention, with some believing that Trump is catering to cryptocurrency voters and financial backers, and his high-profile involvement has indeed driven up the prices of related tokens, including the meme coin TRUMP that he issued and the MELANIA coin associated with his wife Melania. However, this behavior has also raised concerns over conflicts of interest and market volatility.