Recently, CryptoQuant CEO and Founder Ki Young Ju noted that President-elect Donald Trump’s Bitcoin policies likely depend on the perceived strength of the US economy and the US dollar by the global investment community. He noted that assets like gold and Bitcoin rise in value when investors perceive threats to U.S. economic dominance. However, confidence in the American economy and in the safe-haven status of the dollar persists. He noted that this strength makes the Trump administration’s adoption of a Bitcoin reserve strategy unlikely and could lead the president-elect to reverse his pro-BTC policies.
