Opinion: Trump's cryptocurrency reserves are a huge boost to the market, and the recent sell-off is irrelevant
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Odaily Odaily report: SmarDex decentralized exchange founder Jean Rausis said that US President Trump's announcement of establishing a US strategic cryptocurrency reserve could have a significant driving force on cryptocurrencies, and indicated that the recent sell-offs are "insignificant". "When he (Trump) says he wants to make America the cryptocurrency capital of the world, he is serious," Rausis said, "In this context, the recent minor sell-offs are completely insignificant, and only provide an opportunity to buy at lower prices." He said that for cryptocurrency traders, the prospect of a cryptocurrency reserve is much more important than worrying that tariffs will dampen interest in risky assets. (Jinshi)
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