Trump and China fall out again - seriously suspected to be hoarding coins for his own country

Today, the cryptocurrency market generally fell, mainly because Trump fell out with China again~

Trump said on social media that he would restart the trade war with China and said he would no longer be a good guy.

On the surface, Trump's fallout seems to be because China is still unwilling to export rare earths to the United States.

You know, China and the United States only reached an agreement half a month ago, giving both sides 90 days to talk slowly.

But before Trump's outburst this time, China and the United States had already started to quarrel over the issue of international students~

Reuters said that the United States will expel all Chinese students studying semiconductors, artificial intelligence and aerospace, and will revoke the visas of 277,000 students at one time.  

At the same time, other Chinese students will be expelled one after another, and Chinese students will be expelled from all science and engineering courses by 2026.

Liberal arts students will not have their visas directly revoked, and the US government will review whether the students have anti-American ideas.

I didn’t expect that international students would be at the forefront of the Sino-US game

But I think that both the rare earth issue and the international student issue are the main reasons for Trump’s sudden outburst.

Sometimes you still have to watch the news together.

On May 27, Trump Media Group just announced that it would raise $2.5 billion to buy Bitcoin as a long-term reserve, of which $1.5 billion was issued in the form of additional shares and $1 billion in debt, with 50 institutions contributing.

And today, $2.32 billion of it has arrived.

After receiving the money, Trump's family will immediately start buying Bitcoin to stock up.

Do you think that the shrewd Trump is just trying to stir up trouble and release negative news to facilitate his family to stock up on Bitcoin at a low price?

Considering that American politicians have a deep tradition of manipulating stock prices for profit, it should not be surprising to manipulate the price of coins for profit.

The United States has not yet become the center of the world's cryptocurrency, but Trump's family has become the center of encryption first.

After this wave of operations, the amount of money their family has made in the encryption industry has successfully exceeded the 5 billion US dollar mark. Congratulations~