empty
 
 
Donald Trump lashes out at crypto assets
16-09-2021 15:59
Donald Trump lashes out at crypto assets
Donald Trump lashes out at crypto assets

Despite the fact that Donald Trump is no longer the President, investors are alert to his advice on financial markets. Being a successful businessman, Trump can sense which way the wind is blowing.

In the live broadcast with Varney & Co., the former US president made some loud statements on cryptocurrencies. Trump stressed that he is "not a fan" of cryptocurrencies and does not invest in bitcoins or other digital assets. He even called cryptocurrencies a "potential disaster to come". "I love the American currency," he clarified his investment preferences. "Cryptocurrencies hurt the currency of the United States. I think we should strengthen ourselves, we should be invested in our currency, not in cryptocurrencies," Trump added. Notably, Trump is a real fan of the US dollar and he has repeatedly supported the national currency during his presidency.

"I am not a fan of Bitcoin and other cryptocurrencies, which are not money, and whose value is very volatile and based on the air. I want the dollar to be the currency of the world," Trump pointed out.

Securities and Exchange Commission (SEC) Chairman Gary Gensler is more optimistic about the crypto market. He has recently said that he supports digital currencies but argued that "the field is not going to reach any of its potential if it tries to stay outside of our laws."

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS
Can't speak right now?
Ask your question in the chat.
Widget callback