Donald Trump’s China Nightmare Could Have Already Come True
Donald Trump, the U.S. president-elect, has embraced bitcoin and crypto over the last year, fueling huge bets on the cryptocurrency that some fear are “delusional.”
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Bitcoin topped $100,000 per bitcoin in the aftermath of his November election victory, helped by Trump’s confirmation he wants to create a U.S. bitcoin fund similar to its oil reserves.
Now, as billionaire Trump advisor Elon Musk continues to play havoc with crypto markets, fears have emerged China could have beaten Donald Trump and the U.S. to creating a bitcoin reserve.
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