Bitcoin Is Trump’s New Weapon Against China — He Wants to Make America a ‘Bitcoin Superpower’

The post Bitcoin Is Trump’s New Weapon Against China He Wants to Make America a ‘Bitcoin Superpower’ appeared com. Trump’s renewed pro-Bitcoin stance could perhaps drive long-term institutional confidence and investment in U. S.-based crypto infrastructure. As if implemented through supportive regulation, his “Bitcoin superpower” vision may strengthening America’s position against China in the race for digital financial dominance. President Donald Trump escalated his administration’s crypto crusade, declaring Bitcoin not just an investment fad as if a strategic weapon in the escalation U. S.-China tech rivalry. At the recent America Business Forum in Miami, President Trump said he wants to make the United States the “Bitcoin superpower” and the “crypto capital of the world,” framing crypto as a geopolitical tool to countering rivals like China. Adding to the context, a recent post suggested that Trump’s unexpect easing of China tariffs has fueled on market optimism, pushing Bitcoin’s price toward key resistance levels. This is supported by a statement in Finance Feed, which noted: Trump’s Bitcoin comments also highlight a geopolitical undertone that reflects the competition with China for digital supremacy following the recent U. S.-China trade wars. Yet, the vision extends beyond rivalry. Trump linked Bitcoin to broader technological achievements, claiming the U. S. leads in AI and some digital currencies. His team views this leadership as essential, argue that crypto dominance helps preserve dollar hegemony while easing inflationary pressures. As he noted, “Bitcoin takes the heat off the dollar,” positioning decentralized assets as allies-not enemies-of traditional finance. Experts like NYU adjunction professor Winston Ma echo this, observing that both superpowers are racing to export their currency ecosystems through crypto innovation. Implications: A Potential Bullish Surge for Bitcoin Even though Bitcoin has slipped about 2% in the past 24 hours, now trading near $100,442, 73 Trump’s strong support for Bitcoin is being viewed as a long-term bullish signal. His promise to making the U. S. a “Bitcoin superpower” suggests a.

Indian Rupee ticks lower despite optimism on US-India trade deal

The post Indian Rupee ticks lower despite optimism on US-India trade deal appeared com. The Indian Rupee (INR) opens cautiously against the US Dollar (USD) on Friday. The USD/INR pair ticks up to near 88. 75 despite hints from United States (US) President Donald Trump that his relations with Indian Prime Minister (PM) Narendra Modi are stable. While speaking to reporters at the Oval Office on Thursday, US President Trump said, “He (PM Modi) largely stopped buying from Russia. And he is a friend of mine, and we speak. Prime Minister Narendra Modi is a great man. He is a friend of mine, and we speak and he wants me to go there. We will figure that out, I will go. Prime Minister Modi is a great man and I will be going,” India Today reported. Later Trump expressed positively that he could visit India next year. These comments from US President Trump came at a time when overseas investors have been hard on the Indian stock market due to delay in a trade agreement between India and the US. Top negotiators from both nations have been expressing that they are close to reaching a consensus from months, but have not agreed on all terms yet. On Thursday, Foreign Institutional Investors (FIIs) turned out to be net sellers again and sold shares worth Rs. 3, 263. 21 crore. Cumulatively, FIIs have pared stake worth Rs. 6, 214 crore so far in three trading days this month. Daily digest market movers: Indian Rupee trades lower against US Dollar The Indian Rupee faces pressure against the US Dollar even as the latter corrects further, following the release of the US Challenger job cuts data for October. During the press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, ticks higher to near 99. 80. However, it fell sharply to near 99. 60 on Thursday, The US.

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