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Shares of Crypto-related Stocks Are Trading Lower Possibly Amid a Drop in Bitcoin.
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 | Bitcoin fell below $94,000 during trading, and US stocks in the Cryptos Concept sector declined, with MicroStrategy down over 5%.
Express News | Bloomberg: Bitcoin has seen its first weekly decline since Trump's victory, and the Options market starts to hedge downward.
Musk causes a commotion at Capitol Hill, is a "Trump 2.0" prototype emerging?
Analysis suggests that Musk's recent act of detonating a political nuclear bomb may be a rehearsal for the Trump 2.0 era of Musk's action model, intended to exert pressure on Congress. However, some also say that the consensus at Mar-a-Lago is that Musk has proven to be an effective Weapon to pressure Congress and a scapegoat for any backlash.
Bitcoin Miner MARA Holdings Embraces MicroStrategy Playbook, Acquires $1.53 Billion Worth BTC