Trump, Tariffs & Tornado Cash — Big Week for Crypto

📉 Bitcoin Action:

Last week’s $116K support got tested hard — dipped to $112K, bounced back, now hovering near $116K. Odds of holding look better this week.

🇺🇸 Trump Moves Markets (Again):

Fired BLS Commissioner Erika McEntarfer → sharp market drop, quick recovery.

Announced new tariffs → typical dip + rally pattern.

Signed 2 pro-crypto EOs:

1️⃣ Ban on financial discrimination vs. lawful businesses (including crypto).

2️⃣ 401(k) plans can now hold crypto.

💰 Fed Watch: Stephen Miran nominated to Fed Board — markets see this as dovish (possible rate cuts).

⚖️ Privacy Under Pressure:

Tornado Cash dev Roman Storm convicted.

Samourai Wallet founders pleaded guilty last week.

Big implications for open-source & privacy in crypto.

🐋 Whale Tales:

2011 BTC whale took $9B profit — reminder: holding from 2010 isn’t as easy as it sounds!

Takeaway:

Trump’s policy shifts could supercharge U.S. crypto adoption, but privacy-focused devs are facing major legal heat. The stage is set for big moves — both in price and regulation.

#CryptoNews🔒📰🚫 s #Trump #401K #BTC #ETH

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