Ethereum

U.S. Crypto Reserve finally announced but ETH didn't make the list. Make it make sense.

Even though Trump later stated BTC and ETH are part of the reserve, this is not bullish for crypto long term. The govt having a massive stash of crypto that they can sell off at anytime and decimate the market is BAD. This administration might not sell, but what about the next one? USA will likely flip from red back to blue after this admin. What then? Dems have no interest in crypto currently.

Hi, I’m Jack.🤷‍♂️ chronically unserious, cautiously cynical

While the election of Trump was seen as very bullish for cryptocurrency, I believe it shouldn’t be seen that way. In fact, I think it could be very bad in the long term. One only needs to look at his comments on crypto being a scam and his overall polarizing effect. It is guaranteed that at a little less than half of the US population will now have a negative view of cryptocurrency.