Then Donald Trump Returning to Oval Office has embraced the Cryptocurrency market as never before. Although this led to the increase in the asset class earlier this year, things have changed. Now Cryptoquant CEO Ki Young has warned that US President Trump’s cryptopusion threatens the global market.
On one mail to x (Formerly Twitter), Young discussed the potential disadvantage of the country’s continued turn against Cryptocurrencies. Specifically, he noted that the asset class could soon become a weapon with geopolitical influence. It can lead to Cryptocurrency use to serve national interests, far from its original intention.
Trump’s cryptopush can threaten the global market because asset class can weapons
Just last week announced the US a plan to create their own Cryptocurrency Reserve. This was not focused on simply Bitcoin (BTC) and Ethereum (ETH) but included assets such as Cardano (ADA) and Solana (solar) as well. But not everyone is happy about the idea.
Some question what the continued push can mean for the industry as a whole. Really, US President Trump’s Ongoing cryptopush can threaten the global market, warns a CEO. Specifically, Cryptoquant Executive Ki Young has expressed concern about potential weapons of the asset class of North American power.
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With geopolitical tension Crypto would increase during the Trump administration, can be used in that arena. “In the end,” coins that serve American national interests “will probably work against all countries except the United States,” Young warned. “It seems to be a strategy for dominating the crypto market and absorbing foreign capital.”
