Trump Says His Crypto Pivot Was Driven by Politics, With China Also Shaping His View

U.S. President Donald Trump said his shift toward crypto was influenced partly by politics, after previously calling Bitcoin “a scam,” according to reporting on his Monday comments. He also said China played a role in his pivot and referenced broader factors including U.S. crypto policy and his family business ventures ^{[1] [2]}.

Multiple outlets reiterated that Trump characterized his pro-crypto stance as having political motivations, framing it as part of a broader change in his position on digital assets. The coverage also points to continued interest in Bitcoin alongside narratives around stablecoin growth and Ethereum as contributors to a bullish outlook, though those market factors were attributed to third-party commentary rather than detailed policy specifics ^{[3] [4]}.

The reports collectively present Trump’s recent remarks as tying his crypto embrace to political considerations, while also mentioning China and U.S. crypto policy as influences on his outlook ^{[2] [1]}.