Former U.S. President Donald Trump has issued a warning about China’s growing influence in the cryptocurrency sector, urging the United States to maintain its dominance in the field. He compared the competition in digital assets to the ongoing race for supremacy in artificial intelligence.

In an interview with CBS’s “60 Minutes,” Trump stated his concerns directly. “I don’t want to have somebody else have crypto and have China be number one in the world in crypto,” he said. “Because in crypto it’s a kind of an industry where basically you’re going to have number one and you’re not gonna have a number two. And right now we’re number one by a long shot. I want to keep it that way.”

Trump also noted that “China is getting into it very big, right now,” a comment that may allude to Hong Kong’s recent efforts to create a more favorable regulatory environment for crypto trading. This move stands in contrast to mainland China, where crypto trading and mining have been officially banned since 2021.

Bitcoin Price Navigates Critical Support

Trump’s comments come as the Bitcoin market faces a period of uncertainty. Arthur Azizov, founder of B2 Ventures, noted that the price has been trading sideways since July. He suggested that if macroeconomic factors align, Bitcoin could potentially recover and surpass its previous all-time high of $126,000.

However, Azizov also highlighted the importance of the $100,000 mark, which he described as a psychologically significant threshold. “If, however, bitcoin drops below $100,000 and consolidates under that level, it could decline further into the $96,000-$93,000 range,” he explained. “Still, I see the $100,000 level as a psychologically significant threshold… Most likely, the price will once again rebound from this level, just as it did in June 2025. In simple terms, this area represents a strong support zone.”

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