Former US President Donald Trump, who is also a current Republican candidate, has shown a shift in attitude towards cryptocurrencies, specifically bitcoin.

Trump disclosed his own crypto holdings, which include $8.7 million in the Trump-themed meme coin MAGA, and a recent cash out of $2.4 million in Ethereum (ETH) in December.

Despite previous skepticism, Trump now acknowledges bitcoin's value and widespread use, stating that he would not impose a crackdown on it if he were to be re-elected.

He has even integrated cryptocurrency into his business model, allowing the use of bitcoin to purchase Trump-branded products.

Trump maintains his support for the US dollar's global dominance and expresses concern about countries moving away from it, even as he becomes more open to cryptocurrency.