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Trump Once Said He's No Fan of Bitcoin and Its Value Is Based on 'Thin Air' — $1,000 Invested That Day Would Be Worth This Much Today

Aug 31, 2026 · 12:18 AM ET· updated 1h ago
Trump Once Said He's No Fan of Bitcoin and Its Value Is Based on 'Thin Air' — $1,000 Invested That Day Would Be Worth This Much Today

President Donald Trump now fully supports Bitcoin and cryptocurrencies, a sharp turnaround from the days when he openly dismissed the asset class.

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Why It Matters

Trump used to think Bitcoin was fake money, but now he likes it. When important people change their minds about something, it can mean they see it differently—so it's worth noticing what makes them switch their views.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.