Former United States President Donald Trump was questioned about his opinions on the health of the Wall Street markets, the current administration’s progress and the potential of Bitcoin and the cryptocurrency market.
The former president stated:
“I like the currency of the United States, but I think the others are potentially a disaster waiting to happen.”
He also spoke on protecting the independence of the U.S. dollar as the first priority, rather than advancing the stagnant financial system and grasping the overwhelming benefits that crypto and blockchain technologies have to offer.
Despite these comments, crypto prices appeared unaffected at the time of publication. Bitcoin has recorded a decline of 1.17% on the day, Ether has risen 6.30% and the third-ranked asset, ADA token, is down 1.1%.
The current U.S. President Joe Biden has adopted a seemingly more positive stance on the cryptocurrency space, yet he still remains diligently cautious. Earlier this year, President Biden appointed Gary Gensler, former chairman of the Commodity Futures Trading Commission, as the new Securities and Exchange Commission’s lead.
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