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Trump loses favor with crypto fans who call him out for cashing in

Donald Trump's standing among cryptocurrency supporters is slipping, with members of the crypto community accusing him of cashing in on the industry rather than genuinely backing it. The Washington Post reports that supporters who once saw Trump as an ally are now openly criticizing him for profiting from crypto ventures, souring a relationship that had been central to his appeal with digital-asset investors.

Why now: Crypto supporters are newly criticizing Trump for allegedly profiting from the industry, making it a live debate among investors.

Donald Trumpcryptocurrency industryThe Washington Post

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