Opinion: Trump's cryptocurrency reserves are a huge boost to the market, and the recent sell-off is irrelevant

Odaily Planet Daily News Jean Rausis, founder of SmarDex decentralized exchange, said that US President Trump's announcement of the establishment of a US strategic cryptocurrency reserve could have a significant boost to cryptocurrencies and showed that the sell-off in recent weeks was "insignificant". "When he (Trump) said he wanted to make the United States the world's cryptocurrency capital, he was serious," Rausis said. "Against this backdrop, the small sell-off we have seen recently is completely insignificant and simply provides an opportunity to buy at a lower price." He said that for cryptocurrency traders, the prospect of cryptocurrency reserves is far more important than worrying that tariffs will hurt interest in risky assets. (Jinshi)