US President Donald Trump on Wednesday defended earning $1.2 billion from his family’s cryptocurrency activities last year, saying “everybody’s profiting” from his time in power.

Taking his maiden flight aboard a new Air Force One plane gifted by Qatar, Trump rejected criticisms that he was using his presidency to enrich himself.

“You know why I’m profiting, because the stock market’s going up, everybody’s profiting,” Trump told reporters at Joint Base Andrews near Washington.

The 80-year-old Republican said his earnings…