In a recent interview, Trump economic advisor Scott Bessent stated that the Trump administration will maintain a strong dollar policy, contrary to fears that a potential Trump presidency would deliberately devalue the dollar. Bessent believes that sound economic policies will naturally support a resilient dollar. However, this commitment to a strong dollar could pose challenges for the crypto market, particularly Bitcoin, as a stronger dollar may limit gains in dollar-denominated assets, including cryptocurrencies. Bessent emphasized that his comments are not representative of Trump's official position. Despite this, Trump's positive stance on digital assets has been welcomed by crypto advocates as Election Day approaches. Bessent is reportedly on Trump's shortlist of Treasury Secretary candidates, and Trump has previously praised him as one of the brightest individuals on Wall Street.



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