Trump Seeks to Make US Bitcoin Leader, Aiming for Dollar Pressure Reduction

In a speech at the America Business Forum in Miami, former President Donald Trump reaffirmed his support for cryptocurrencies and their potential to alleviate pressure on the U.S. dollar. He envisions the United States as a leading force in the cryptocurrency market, aiming to establish its dominance with new initiatives such as a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. This shift marks a significant change from past regulatory hostility towards cryptocurrencies, potentially impacting federal policies and financial markets.