Former US President Trump said on Monday that Bitcoin may be a scam. Trump declared: "Bitcoin seems to be a scam now," he added, "I don't like it because it is a currency that competes with the U.S. dollar. I want the U.S. dollar to become the world currency. This is what I have always been Emphasized." What do you think, what impact will Trump's speech have on the price of Bitcoin?
I sincerely doubt that Trump has enough power and influence to do something like this, he can say whatever he wants but since he is not in a position of power the same way that Biden is and he does not have the amount of coins that other institutional investors have then it is a mistake to think that what it is happening with the markets has anything to do with him.
So let him say whatever he wants no one really cares and the few that do so do not really have the power to move the market as they want.