US EditionTrump Says America Is Beating China in the Crypto Sector
- Donald Trump declared in Saudi Arabia on May 14, 2025, that the US is leading China in the cryptocurrency sector.
- This statement follows ongoing US-China trade tensions that have affected global markets and investor confidence but recently eased with a trade agreement.
- The US holds over 198,000 Bitcoins, surpassing China's approximately 190,000 BTC, while Bitcoin surged past $104,000 and Ethereum rebounded to $2,500 amid this environment.
- Trump committed that his administration would retain all Bitcoin presently owned by the U.S. Government, reflecting a supportive approach toward cryptocurrency regulation.
- This approach may reinforce the US position as a crypto leader and supports broader economic goals to stabilize markets and encourage innovation in digital assets.
Read with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.11 Articles
11 Articles
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