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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.
Express News | Bloomberg: Bitcoin has seen its first weekly decline since Trump's victory, and the Options market starts to hedge downward.
Bitcoin Dives Under $100K as Trump-fueled Surge Reverses After Fed
Express News | Bitcoin fell more than 5% during the day, approaching 95,000 dollars. Cryptos concept stocks declined before the market opened, with Bit Digital down over 7%, MicroStrategy down more than 5%, and Coinbase down over 4%.
Bitcoin has fallen below 0.1 million dollars, analysts suggest it may drop to 0.09 million dollars in the short term.
Due to the Federal Reserve's cautious stance on interest rate decreases, Bitcoin's price dropped below $0.1 million this Thursday, dragging down the performance of speculative Assets.
Hong Kong Accelerates Licensing for Crypto Exchanges With New Approvals