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CryptoQuant founder: Trump's BTC policy depends on the economic status of the United States
Golden Finance reported that Ki Young Ju, CEO and founder of CryptoQuant, said that the BTC policy of President-elect Donald Trump may depend on the global investment community’s view of the US economy and the strength of the US dollar. Ju believes that when investors perceive a threat to the US economic hegemony, the prices of value storage assets such as gold and Bitcoin will soar. However, investors continue to have confidence in the US economy and see the US dollar as a safe haven currency. This advantage position makes it unlikely for the Trump administration to adopt a BTC strategic reserve to protect the dominance of the US dollar, and it may lead to the elected president reversing his policy of supporting BTC.