Trump Congratulates Bitcoin Community On New All-Time Highs Just As Top Crypto Suffers First Weekly Loss Since His Election Triumph
A "crypto supporter" has been added to the economic positions of the Trump administration...
① Trump nominated "Crypto supporter" Stephen Moore as chairman of the White House Council of Economic Advisors, indicating that his second term will be more willing to incorporate Cryptos into a broader economic vision. ② In the statement, Trump said that Moore would work with the economic team to achieve economic prosperity that benefits all Americans.
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Daily Digital Currency Summary (2024-12-23)
According to Crowdfund Insider, a recent study by ApeX listed the top ten leading countries in the field of blockchain and Cryptos technology, with Singapore taking the top spot.
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As the IMF warns about the risks of Bitcoin, El Salvador states: not only to buy, but also to accelerate purchases!
① Despite the International Monetary Fund (IMF) constantly warning El Salvador to limit its exposure to Bitcoin, El Salvador has stated that it will continue to purchase Bitcoin and may even accelerate its buying pace. ② El Salvador currently holds 5,968 coins, valued at approximately $0.594 billion at the current Market Cap.
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Fed Cuts Interest Rates, But Powell Spoils Santa Claus Rally; Dollar Surges To Over 2-Year High, Bitcoin Sinks Below $100,000: This Week In The Market
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Bitcoin fell more than 5% during the day as the Federal Reserve shifted its tone, putting pressure on risk Assets.
① Bitcoin's decline intensified on Friday, trading around $92,400, down about 9% from 24 hours ago, with a daily drop of over 5%, retreating nearly 15% from its historical peak. ② Trump stated he will do great things in the Cryptos field and plans to establish a Cryptos reserve similar to the strategic petroleum reserve, but Bitcoin has become "overly Call" and is susceptible to changes in the Federal Reserve's tone.
Bitcoin Crashes 10%, Ethereum, XRP Down 18%, Dogecoin Craters 28%: What Is Going On?