US President Trumps Crypto Push Threatens Global Market, CEO Warns
Since Donald Trump returned to the Oval Office, the United States has embraced the cryptocurrency market like never before. Although that led the asset class to surge earlier this year, things have changed. Now, CryptoQuant CEO Ki Young Ju has warned that US President Trump’s crypto push is threatening the global market. In a post to X (formerly Twitter), Young Ju discussed the potential downside of the country’s continued turn toward cryptocurrencies. Specifically, he noted that the asset class could soon become a weapon of geopolitical influence. That could lead to cryptocurrency’s usage to serve national interests, a far cry from its original intent. Source: Watcher Guru Also Read: US Economy: Trump’s Tariff Spree Is Set To Create More Mayhem: Here’s How Trump’s Crypto Push May Threaten Global Market as Asset Class May Be Weaponized Just last week, the United States announced a plan to create its very own cryptocurrency reserve. This wasn’t focused on si...