Cardano’s Charles Hoskinson Warns Trump-Era Crypto Boom Was ‘A Rib-Crushing Hug’

Cardano (CRYPTO: ADA) slipped toward key support on Wednesday after Charles Hoskinson said the Trump-era crypto boom became a “rib-crushing hug” that threw the market’s normal cycle off balance.

Hoskinson Says Government Support Backfired

Hoskinson said during an interview that the industry, including himself, entered 2025 expecting Trump’s pro-cryptocurrency stance to be a major tailwind. 

He said the …

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