Bitcoin leads cryptocurrency sell-off after Trump calls it a ‘scam’

Bitcoin leads cryptocurrency sell-off after Trump calls it a ‘scam’

Former US president Donald Trump said he doesn't like bitcoin 'because it’s another currency competing against the dollar.' Photo: AP

Former US president Donald Trump said he doesn’t like bitcoin ‘because it’s another currency competing against the dollar.’ Photo: AP

Cryptocurrencies continue a bout of volatility as they plunged on Tuesday morning, after former US president Donald Trump said bitcoin was a “scam”.

“Bitcoin, it just seems like a scam,” he told Fox Business. “I don’t like it because it’s another currency competing against the dollar… I want the dollar to be the currency of the world. That’s what…


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