With WLFI offloading 50 million USD in Bitcoin, doubts about Trump’s pro-crypto policies are surfacing. The cryptocurrency market faces challenges, including a 17.14% drop in Bitcoin this year, which has erased post-election gains.
The USD Index has fallen by 8%, while gold prices surged by 77% since the election, signaling a shift in investor sentiment. Over 500,000 traders were liquidated following WLFI’s actions, indicating growing market instability.
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