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Trump says America needs crypto to stay ahead

May, 05, 2025 Hi-network.com

Donald Trump has renewed his support for the cryptocurrency industry, calling it vital for America's innovation and future. In an interview with NBC News, the president stressed that the US should embrace crypto. He warned that the country could fall behind global competitors like China without action.

He described the sector as young but increasingly significant.

Trump pointed to Bitcoin's resilience during recent market volatility, claiming it has outpaced traditional sectors such as US stocks. He argued that the growing interest in crypto reflects its potential as a long-term hedge. Millions of people around the world are now engaging with the industry.

Addressing speculation about his gains, Trump denied profiting from his pro-crypto stance. He stated that he hasn't even reviewed his crypto portfolio and dismissed accusations related to his TRUMP token and other family ventures.

Despite backlash and ethical concerns, Trump remains committed to making the US a global leader in digital assets.

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