- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
‘I Want Crypto’: President Trump Says Crypto Assets Withstand Market Crashes Better Than Most Assets
By: zycrypto|2025/05/05 19:00:07
0
Share
United States President Donald Trump has reiterated his pro-crypto view, recently pointing out the resilience of Bitcoin and other cryptocurrencies during market downturns. The president reinforced his belief that America must lead in digital asset innovation or risk falling behind other nations like China. “I Want Crypto” In a recent exclusive interview with NBC News, President Trump noted that the crypto sector has gained significant traction despite being rather nascent. Trump believes “hundreds of millions of people” are dabbling with crypto. Trump further stressed that despite its budding nature, the crypto ecosystem is growing harder than most other aspects of the market. He emphasized that Bitcoin “stayed much stronger than other aspects of the market” during market-wide corrections. “I want crypto,” the pro-crypto president posited when asked how he responds to people concerned about his possibility of profiting from the presidency. He stated that crypto is necessary for the United States and that the country risks losing innovation to China if it does not step up. The president observed that crypto has become too important to ignore, pointing to the sheer scale of adoption as a key factor behind his pro-crypto stance. He also accused the Biden-Harris administration of going after crypto but later softening its stance to get votes from the huge population of crypto faithful. Trump Pushes Back Against Claims of Profiting From $TRUMP Token President Trump also denied claims that he is profiting from the TRUMP memecoin, his official Solana-based cryptocurrency that debuted just days before his inauguration. CIC Digital LLC controls the wallets of the token’s biggest holders, an entity that was also used for his non-fungible token collections. Notably, CIC Digital currently owns approximately 80% of the TRUMP tokens. “I’m not profiting from anything,” Trump told NBC, adding that he hadn’t looked at the token’s performance and that any financial benefits would be unexpected. “If I own stock in something, and I do a good job, and the stock market goes up, I guess I’m profiting,” he explained. Trump claimed that he had contributed his entire presidential salary to the government. When queried whether he would contribute any crypto earnings, the US president said he has not considered it. “Should I contribute all of my real estate that I’ve owned for many years if it goes up a little bit because I’m president and doing a good job? I don’t think so,” he postulated. The TRUMP memecoin, which once hit a market cap of over $14 billion, has slumped in recent months. The token’s market cap hovers at $2.2 billion as of publication time, according to CoinGecko data . Last week, the token rocketed 65% after the White House announced that President Trump is set to host an exclusive dinner for the top 220 holders of the $TRUMP token at his private, members-only Club in Washington, D.C.
You may also like
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.
Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.
Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.
Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply
Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
It took Paradigm three years to emerge from the ruins of FTX.
Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
This is more like a manifesto, discussing "the very reason we are here."
$1.3 Billion Debt: BitDeer Faces Tough Battle
Wu Jihan is waiting for AI's money to catch up with the speed of debt.
Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
In the AI Era, what is the most valuable thing?
Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Emerging from the ruins of FTX, Paradigm took three years
Ethereum Unveils Scaling Roadmap, What's Different This Time?
Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.
Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in Over the Last 24 Hours?
Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx
Overview of Important Market Events on February 27
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
App