Bitcoin at 3-month high as Trump odds drive currencies. SINGAPORE, Oct 21 (Reuters) - Cryptocurrency bitcoin hit a three-month high in early Asia trading on Monday and the dollar looked set... As president, Trump declared bitcoin “not money” and criticized it as “highly volatile and based on thin air.” He cautioned that crypto assets helped facilitate illegal underground markets. NASHVILLE, Tenn. (AP) — Former President Donald Trump on Saturday laid out his plans to wholeheartedly embrace cryptocurrency if elected for a second term, telling hundreds of cheering supporters of the digital tokens that he wants the U.S. to be a “bitcoin superpower” under his leadership. The comments represent a stark change in stance from 2021 when Trump labelled bitcoin as a "scam" that threatened the U.S. Dollar as the world reserve currency. Former US President Donald Trump has told Fox Business that he sees Bitcoin as a "scam" affecting the value of the US dollar. "Bitcoin, it just seems like a scam," Mr Trump said. Hours after meeting with bitcoin miners at his Mar-a-Lago estate in Florida on Wednesday, the former president said on his Truth Social media platform that cryptocurrency users should “vote for... Former President Donald J. Trump vowed on Saturday that he would turn the United States into a “Bitcoin superpower" if returned to the White House, wielding much of the same rhetoric of ... Trump’s statement not only positioned him as the first pro-bitcoin nominee of a major political party—it also put a spotlight on discussions about classifying bitcoin as a strategic reserve... 1:01. Former President Donald Trump pitched his plan to make the United States the “crypto capital of the planet and the Bitcoin superpower of the world,” pledging to establish the nation's...
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