CryptoQuant CEO: The crypto market is gradually becoming a tool for the United States to pursue national interests

PANews reported on March 3rd that CryptoQuant CEO Ki Young Ju stated in a post that the crypto market is gradually becoming a tool for the United States to pursue national interests. Since Trump's election, global moral standards have declined, and any actions that align with Trump's and America's interests are no longer considered illegal.

He pointed out that the US has opened up markets without regulation, and although it has not strictly cracked down on fraudulent projects, it has clearly sent a signal: Projects following the Trump administration’s agenda and beneficial to American national interests will be supported. The issuance of Trump-themed coins symbolizes this trend.

Ki Young Ju believes this strategy could lead to "tokens serving American national interests" being detrimental to other countries. At the same time, this trend is also unfavorable for assets like Bitcoin and Ethereum which strive for globalization and neutrality. He speculated from recent remarks by Trump that Bitcoin and Ethereum are in a delicate position of being "neither allies nor enemies".