‘I’m Good With It’—Donald Trump Just Sent The Price Of This Tiny Bitcoin Rival Soaring

Bitcoin has roared back this year, topping its 2021 peak as a Wall Street-led rally could be eclipsed by an "absolutely enormous" China earthquake.

The bitcoin price has dipped toward $60,000 per bitcoin after climbing over $70,000 last month as Elon Musk joins a growing chorus of warnings that the U.S. dollar could be about to collapse.

Now, as former U.S. president Donald Trump and the Federal Reserve are poised to trigger a $4 trillion bitcoin price boom, Trump has unexpectedly backed the U.S. crypto industry, sending the price of one tiny bitcoin rival sharply higher.

"If crypto is moving out of the U.S. because of hostility toward crypto... well, we’ll stop it. We don’t want that," Trump, the Republican nominee for the White House race this year, said during a meeting with a group of his non-fungible token (NFT) buyers at a Mar-a-Lago dinner. "If we’re going to embrace it, we have to let them be here."