RATE Group | Trump tweets he is ‘not a fan’ of bitcoin, inadvertently boosting cryptocurrency price
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Trump tweets he is ‘not a fan’ of bitcoin, inadvertently boosting cryptocurrency price

13 Jul Trump tweets he is ‘not a fan’ of bitcoin, inadvertently boosting cryptocurrency price

Posted at 01:22h in Cryptocurrency News by

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Donald Trump has revealed he is “not a fan” of bitcoin or Facebook’s Libra in his first public comments on cryptocurrency.

In a series of tweets, the US president said bitcoin enabled illegal activity and was ”not money”.

However, his comments were welcomed by senior figures within the cryptocurrency industry and even appeared to boost its market value.

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