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Trump announced the establishment of a Crypto Assets reserve, and the founder of SmarDex stated that recent dumping is 'irrelevant'.
On March 3, 金十数据 reported that Jean Rausis, the founder of SmarDexDecentralizationexchange, stated that the announcement by U.S. President Trump to establish a strategic reserve for Cryptocurrency may have a significant impact on the Cryptocurrency market and indicated that the recent dumping is of little concern. “When he (Trump) says he wants the U.S. to become the world’s capital for Cryptocurrency, he is serious,” Rausis said. “In this context, the minor dumping we have seen recently is completely insignificant, just providing an opportunity to buy at lower prices.” He said that for Cryptocurrency traders, the outlook for Cryptocurrency reserves is far more important than concerns about tariffs damaging the interest in risk assets.