Crypto Market Shaped by U.S. Politics, Claims Ju

CryptoQuant CEO Ki Young Ju has raised concerns about the changing role of the crypto market. He believes that cryptocurrency is turning into a tool for U.S. interests.

CryptoQuant CEO Ki Young Ju has expressed concerns over the evolving role of the crypto market, suggesting that it’s becoming a tool for U.S. interests. The remarks follow President Donald Trump’s claim of creating a U.S. crypto reserve with XRP, SOL, and ADA.

Crypto Market Shaped by U.S. Politics: Ki Young Ju

In a post on his X handle, Ju stated that the crypto market is increasingly becoming a “weapon of the United States.” The Trump administration's policies have led to a decline in business ethics in the sector he oversees.

The United States will no longer consider something illegal if Trump finds value in it and it serves U.S. national interests.

The United States is setting up the crypto market without proper regulatory protocols. Risky practices like rug pulls and scams continue, and projects that support the Trump administration's leadership priorities are likely to survive, while those without support will face difficulties.

These changes in the market are evident with new Trump-themed memecoin releases.

This new crypto approach calls for digital assets to support the national priorities of the United States. This strategy would likely grant the United States global dominance in cryptocurrency markets. Revenue from foreign capital investment flows into the U.S. at a time when other nations face adverse market conditions.

Bitcoin and Ethereum Could Be Damaged by U.S. Policies

The current situation could damage both the Bitcoin and Ethereum cryptocurrency networks. The digital assets function as independent utilities which aim for global accessibility as public essentials. Trump seems to be adopting a new policy direction, according to Ju, based on recent announcements.

Bitcoin and Ethereum exist independently of any alliance or rivalry status with each other.

This regulatory shift has mixed effects on crypto markets as it raises questions about the long-term viability of cryptocurrencies. Other nations may impose stricter regulations while the United States bases its crypto policy on national interests. Investors and traders will need to adapt to these changing dynamics.