BTC$BTC Takes Pressure Off U.S. Dollar, Says President #Trump


BTC$BTC has received presidential endorsement as #Trump praised crypto's positive economic impact during a White House press conference.


President Trump stated BTC$BTC "takes a lot of pressure off the dollar" in his Friday remarks.


The comments reference the Triffin Dilemma facing the U.S. as global reserve currency issuer.


Trump highlighted crypto's job creation and growing payment adoption across the #economy.


The U.S. must run persistent trade deficits to meet global dollar demand, diluting currency value.


The Dollar Currency Index hit three-year lows on Thursday amid elevated government bond yields.


#Crypto advocates view the #BTC supply cap as a hedge against unlimited fiat money printing.

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June 29, 2025 at 11:16 PM
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