Trump's stance on cryptocurrencies has been quite supportive, and it's had a significant impact on the market. He's proposed creating a national crypto reserve, which would include Bitcoin, Ethereum, XRP, Solana, and Cardano. This move sent prices soaring, with Bitcoin reaching an all-time high of $109,000.¹ ² ³
BTC
66,407.5
-1.80%
ETH
1,955.79
-2.01%
BNB
604.43
-2.30%
*Trump's Crypto Moves:*
- *National Crypto Reserve*: Includes Bitcoin, Ethereum, XRP, Solana, and Cardano
- *Crypto-Friendly Policies*: Aims to make the US the "crypto capital of the planet"
- *Regulatory Changes*: CFTC to oversee digital commodities like Bitcoin and Ethereum
His administration has also been working on a crypto market structure bill, which could provide clarity and stability to the industry.⁴
*Market Impact:*
- Bitcoin's value has more than doubled this year
- Other cryptocurrencies like Ethereum and Dogecoin have also seen significant gains⁵
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