Odaily Planet Daily News CryptoQuant CEO and founder Ki Young Ju stated that the Bitcoin policy of elected President Trump is likely to depend on the global investment community's perception of the U.S. economy and the strength of the dollar. Ju believes that when investors perceive a threat to U.S. economic hegemony, prices of safe-haven assets such as gold and BTC will rise. However, investors continue to have confidence in the U.S. economy and view the dollar as a safe-haven currency. He stated that this strong position makes it unlikely for the Trump administration to adopt a Bitcoin strategic reserve to protect the dollar's dominance, and it could lead Trump to abandon support for BTC. He wrote: 'Even before taking office, Trump repeatedly warned other world leaders about the power gap between the U.S. and other countries. This rhetoric, along with the increase of capital flowing into the dollar, may revive confidence in dollar hegemony.' He added, 'Around me, many Koreans choose the dollar as a safe harbor rather than gold or BTC, especially in the context of the won's depreciation.' (Cointelegraph)