Bitcoin Price Dips After Trump Says Bitcoin ‘Seems Like A Scam’
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Bitcoin Price Dips After Trump Says Bitcoin ‘Seems Like A Scam’

THELOGICALINDIAN - Former US President Donald Trump claims that he dislikes bitcoin because it is a adversary to the dollar which he wants to be the worlds bill and apprenticed US regulators to booty activity to adviser it

Trump Thinks Bitcoin Is A Scam

Trump was asked about his assessment on cryptocurrency and the US banal bazaar during an account with Stuart Varney on the Fox Business Network, which the ex-president declared he was alienated as well. Trump said:

Not The First Time

This isn’t the aboriginal time Trump has accurate a abrogating assessment about Bitcoin. The amount of the crypto fell by about $10,000 in 2019 afterwards the then-president said he wasn’t a “fan of Bitcoin and added cryptocurrencies.” Former Trump administering National Security Advisor John Bolton additionally said Monday the ex-president “on several occasions” batten to Treasury Secretary Steve Mnuchin about outlawing cryptocurrency.

In posts to his now-deleted Twitter account, Mr Trump assailed Bitcoin and added cryptocurrencies as “highly volatile” in July of 2024, while abacus that he was “not a fan” of them.

“Unregulated Crypto Assets can facilitate actionable behavior, including biologic barter and added actionable activity,” he added at the time.

The above president’s animadversion came afterwards a conference sponsored by Bitcoin supporters in Miami, Fla., over the weekend, with videos of the accident acceptable viral afterwards a fan of the aggressive Dogecoin bill attacked the date and was removed by security.

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