Trump Says Crypto Stayed Much Stronger Than Traditional Markets During Downturn

President Trump says crypto is key for the U.S. to compete, citing strength in downturns. Trump denies profiting from the Solana-based TRUMP token amid growing scrutiny. Despite a pro-crypto stance, TRUMP coin dips 85%, since its ATH, raising concerns. President Donald Trump has doubled down on his support for cryptocurrency, stating that digital assets have shown greater resilience than traditional markets during recent economic turbulence. In an interview with NBC News , Trump emphasized on the strategic importance and growing popularity of crypto assets. “I want crypto,” Trump stated plainly when asked about concerns regarding potential profits from his presidency. “I think crypto is important because if we don’t do it, China is going to. It’s new. It’s very popular. It’s very hot.” The President specifically highlighted the sector’s performance during market downturns. He noted that crypto “stayed much stronger than other aspects of the market.” He pointed to the widespread adoption as a key factor influencing his pro-crypto position and suggested that the technology has become too important to ignore. Trump also criticized the Biden administration,… The post Trump Says Crypto Stayed Much Stronger Than Traditional Markets During Downturn appeared first on Coin Edition .

Source: Coin Edition