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International Business Times
International Business Times
Business
Marvie Basilan

Trump Signals Softening Stance On Bitcoin: 'It's An Additional Form Of Currency'

Bitcoin has been showing signs of coming around to Bitcoin in recent weeks as the world's first decentralized cryptocurrency surges ahead of its halving event. (Credit: AFP)

Former President Donald Trump on Monday signaled a shifting tone on how he sees Bitcoin (BTC) as the world's first decentralized cryptocurrency maintains an upward trend, setting a new all-time high when it passed the $72,000 mark.

"If you think of it, it's an additional form of currency. We did a limited edition sneaker run of 1,000 sneakers. And you could go through crazy new currencies," he said in an interview with CNBC's "Squawk Box." He went on to say that he noticed "so many of them [the sneakers] were paid for with this new currency ... you know, cryptocurrency and I couldn't believe the amount."

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