'I think it's a very dangerous thing': Trump trashes cryptocurrencies and says he favors a strong US dollar
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Former President Donald Trump is not a fan of cryptocurrencies and expects a potential crash in the future, according to an interview with Fox News on Friday.
«That [crypto] could be an explosion some day the likes of which we've never seen. It will make the big tech explosion look like baby stuff. I think it's a very dangerous thing,» Trump said, adding that he favors a strong US dollar.
Bitcoin traded down about 1% to $48,770 Wednesday afternoon, erasing early morning gains, while ether fell about 2% to $3,989.
The comments come after wife Melania Trump announced plans last week to launch her own NFT, which will cost 1 solana, or about $180.
«I am proud to announce my new NFT endeavor, which embodies my passion for
Read more on markets.businessinsider.comAbout this in other media
Crypto Community Stumped After Melania Trump ‘Shills’ Bitcoin (And Her NFT project) cryptonews.com /2 years ago
Former First Lady Melania Trump congratulates Bitcoin on 13th birthday cointelegraph.com /2 years ago
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