Cardano’s Charles Hoskinson Warns Trump-Era Crypto Boom Was ‘A Rib-Crushing Hug’
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Cardano (CRYPTO: ADA) slipped toward key support on Wednesday after Charles Hoskinson said the Trump-era crypto boom became a “rib-crushing hug” that threw the market’s normal cycle off balance.
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Hoskinson said during an interview that the industry, including himself, entered 2025 expecting Trump’s pro-cryptocurrency stance to be a major tailwind.
He said the opposite happened, arguing that rapid political enthusiasm created an irrational rush of capital and disrupted the…
