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President Trump Comments 'Bitcoin Eases Dollar Pressure', Praises Job Creation in Cryptocurrency Industry

2025/06/29 22:09
CoinPost
Written by L.Kikutani
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President Trump Comments 'Bitcoin Eases Dollar Pressure', Praises Job Creation in Cryptocurrency Industry

Key Remarks

During a press conference at the White House on the 28th, President Donald Trump stated that 'Bitcoin (BTC) plays a role in easing the pressure on the dollar,' clearly recognizing the economic significance of cryptocurrencies. This is seen as having the potential to curb inflationary pressures and reduce dollar dependency. President Trump continued, 'We are paying attention to the cryptocurrency industry,' and praised the United States for building a very strong cryptocurrency industry. He positively viewed the jobs and economic contributions generated by this industry, emphasizing the importance of competitive advantage by stating, 'Without cryptocurrencies, China would have dominated the world.'

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MAGAZINE
Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.