Crypto as a US Weapon? Trump’s Policies Spark Global Concerns

  • CryptoQuant CEO Ki Young Ju said the U.S. is using the crypto market to serve its national interests.
  • He noted that projects supporting U.S. policies receive favorable treatment, while Bitcoin and Ethereum face uncertainty.

As reported by CNF, U.S President Donald Trump recently announced the creation of a U.S. Crypto Strategic Reserve. The reserve will include Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). 

Following the announcement, CryptoQuant CEO Ki Young Ju has suggested that the United States is using the crypto market to advance its national interests. He noted that since Donald Trump’s election, global moral standards have shifted, allowing actions aligned with U.S. policies to gain acceptance.

Ju pointed out that the U.S. has allowed market expansion with minimal regulation. Fraudulent projects have not faced strict crackdowns, but the government has signaled support for projects that align with its political agenda. The rise of Trump-themed tokens reflects this trend. He stated,

“Despite opening the market without proper regulations against practices like rug pulls, one thing was made clear: “Follow the Trump administration’s agenda and contribute to U.S. national interests.”

Ju speculated that Bitcoin and Ethereum now occupy an uncertain position in the U.S. crypto strategy. Based on Trump’s recent comments, these assets are neither fully supported nor directly opposed. 

In another tweet, Ju stated,

“Trump mentioned XRP, SOL, and ADA first, then brought up BTC and ETH two hours later….. BTC and ETH, show me your strategic value—for me and the USA.”

U.S. Government Plans Crypto Reserve

Former U.S. President Donald Trump announced the inclusion of five cryptocurrencies in a planned U.S. strategic reserve, triggering sharp price increases.  According to reports, the reserve will be formed based on existing government property, including those acquired through the police. Under the executive order signed by Trump, the presidential working group is assigned to developing the reserve using key digital assets for the country’s economy.

More than an hour later, he explained that BTC and ETH would be the main commodities in the reserve. The news caused an uptick in the market, with Bitcoin rising by over 11% to reach $94,164 and Ether by 13% at $2,516. The total market capitalization of all cryptocurrencies rose to more than $300 billion, as per CoinGecko’s data.

Cardano’s ADA was up by the most among major cryptocurrencies, increasing 50% in 24 hours to go above $0.99. Solana followed a similar trend and increased by 12%, whereas XRP was up by 15%. 

President Trump has arguably been more favorable to the crypto industry, unlike the Biden administration, which sees more restrictive measures. For instance, under Trump, the SEC withdrew probes from several cryptocurrency firms and even dismissed a case against Coinbase.

The president is also set to host a White House Crypto Summit on Friday in a bid to push forward crypto-friendly legislation. His family has also invested in tokens, thereby providing more support to the sector. Analysts believe that market expansion could be driven by greater clarity about regulation and, in particular, possible cuts in the Federal Reserve’s interest rates.


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Source: https://www.crypto-news-flash.com/crypto-as-a-us-weapon-trumps-policies/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-as-a-us-weapon-trumps-policies

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