‘I think it’s a very dangerous thing’: Trump trashes cryptocurrencies and says he favors a strong US dollar | Currency News | Financial and Business News

Former President Donald Trump.

  • Former President Donald Trump does not agree with the hype surrounding cryptocurrencies, according to an interview with Fox News.
  • “I want a currency called the dollar, I don’t want to have all those others,” Trump said.
  • The comments come after wife Melania Trump announced plans to launch her own NFT.
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Former President Donald Trump is not a fan of cryptocurrency and predicts a possible crash in the future, according to an interview with Fox News on Friday.

‘Which – which [crypto] It could be a blast one day we’ve never seen before. The Big Bang will make it look like baby stuff. “I think it’s very dangerous,” Trump said, adding that he favored a strong US dollar.

Bitcoin traded down about 1% to $48,770 on Wednesday afternoon, erasing early morning gains, while ether was down about 2% at $3,989.

The comments come after wife Melania Trump announced last week plans to launch her own NFT, which will cost 1 solana, or about $180.

“I am proud to announce my new associates at NFT, who embody my passion for the arts, and will support my continued commitment to children through my Be Best initiative. Through this new technology-based platform, we will provide computer science skills to children, including The former said in a statement last week: “Programming and software development, to thrive after they leave the custodial community.”

But Donald Trump doesn’t seem to share the same excitement about NFTs or cryptocurrencies, based on his Fox News interview.

“I’ve never liked him [crypto] Because I love getting a dollar. I think the currency should be the dollar, so I’ve never been a big fan of it, but it’s accumulating more and more and no one is doing anything about it. “I want a currency called the dollar, and I don’t want to have all these others,” Trump said.

The crypto market peaked at more than $3 trillion earlier this year before slipping back to around $2.3 trillion on Wednesday.