Trump attempts to bail out his wealthy cryptocurrency backers with ‘U.S. crypto reserve’
Just a few days ago, Mashable published an article investigating why Bitcoin and other cryptocurrencies were suddenly in a freefall. Of the four main reasons, three were attributable to Donald Trump and his actions as president.
This is not exactly what one would expect from Trump, who promised to be a pro-crypto president after its advocates helped him win the presidency.
But over the weekend, as Bitcoin lost roughly one-fifth of its value, Trump suddenly made an announcement that temporarily sent cryptocurrencies’ values skyrocketing once again.
On his social media…
