Bitcoin still has a lot of room to rise
Trump: "The crypto industry is still a baby, but I don't want other countries to take over this field"
On July 17, according to an exclusive interview with Trump by Business Weekly, Donald Trump revealed, "Cryptocurrency will not disappear, which is great. The US crypto industry has a good foundation. It is still a baby now. But I don't want other countries to take over this field." Trump said that he "met a lot" of top figures from the crypto industry in political donation fundraising activities. As for the reason for the current shift to embrace the cryptocurrency industry, Trump said, "If we don't do it, China will take over, or other countries, but it is likely to be China. China attaches great importance to this."
According to new data from the Federal Election Commission (FEC), of the approximately $331 million raised by the Trump campaign last quarter, about $3 million came from cryptocurrencies.