U.S. President Donald Trump said he became a "big crypto guy" partly for political reasons and because he believed the United States could not afford to let China dominate digital assets, while also acknowledging he changed his view after seeing how large and profitable the industry had become. Speaking from the Oval Office while discussing Trump Accounts, a new savings program for children, Trump said he had not initially been into crypto and knew little about it, but later saw it evolve from a niche market into a major financial force with a large voter and investor base. His remarks added to the picture of a sharp reversal from his earlier criticism of Bitcoin and came as his family's crypto businesses remain under intense scrutiny. Trump said his interest in crypto was "not a question of a personal thing" and that he does not discuss the subject with his children, even as recent disclosures tied more than $1.4 billion in 2025 income to crypto-related businesses including World Liberty Financial and the sale of his $TRUMP meme coin. The New York Times reported that while nearly one million $TRUMP investors lost a combined $3.81 billion, Trump personally made more than $600 million from the token, while World Liberty Financial generated another $800 million for him in 2025. Markets reacted positively after Trump's comments. Bitcoin rose 0.4% to $63,822 on Monday after rebounding from an earlier slide toward $60,000, though it remained far below its previous peak above $126,000 last year. The earlier weakness followed Strategy's regulatory disclosures and reports that the company sold $216 million of its Bitcoin holdings, a move seen as a retreat from Michael Saylor's long-held "never sell" stance. Trump also praised his administration for dropping federal crypto probes, while the Securities and Exchange Commission has halted, dropped or settled several actions against digital asset firms, including some that had supported him financially.