Crypto News

Bitcoin, ether dip after Trump ends the cryptomite with several surprises – DL News

  • The market has completed a rough week without bouncing after the confeable white house.
  • The Secretary of Vault Scott Besent said Bitcoin Reserve would increase the balance sheet of the United States.

The main tokens came down after President Donald Trump divided canned remarks in the higher education summit in the White House on Friday.

Bitcoin fell more than 2% like Trump addressed The room of about 30 entrepreneurs, lawmakers and administration officials, including Michael Sailor, President Strategy, Executive Director for Coven Brian Armstrong and Secretary for Vault Scott SpeceCortorant.

Ether, Solana and KSRP fell more than 2%, 3% and 4%, respectively.

Thursday, Trump signed an executable In order for Bitcoin to be in the “Strategic Reserve” and ban the Government Agency to sell that bitcoin.

Never sell

“Unfortunately, in recent years, the American government had tens of thousands of extra bitcoin who were worth billions and billions of dollars had not sold them,” said Trump.

“From today, America would follow the rule that each Bitcoin knows very well: never sell your Bitcoin. It’s a small phrase they have. I don’t know if it’s true or not.”

Bessent said Trump’s executive order said “leader among nations in the digital property strategy”.

“We use this authority to increase the parties of the United States balance sheet,” Besent said.

Trump and other administration officials also reiterated the pledge to complete “Operation Chokepoint 2.0” alleged attempt By the administration of the President Joe Biden to force the crypto industry of the barracks by reducing his approach to banking services.

In this purpose, the Compiler Office from the currency has published on Friday letter Stating the crypto-aspect detention, a certain stablecoin activity and participation in independent node verification networks such as distributed books are allowed for national banks and federal saving associations. “

But investors have shown to have hoped more than the first copied summit of the white house.

Alex Gilbert Whether DL news is “New York Definet correspondent based on”. You can contact it aleks@dlnews.com.

(TagstotRanslate) Donald-Trump

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2025-03-08 01:42:00

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