President Donald Trump announced his unwavering commitment to Bitcoin, intending to boost its status against competitors like China. David Bailey highlighted the administration’s focus on fostering a pro-crypto atmosphere and expressing gratitude for the crypto community’s contributions.
The market responded positively to Trump’s supportive stance, with Bitcoin prices surpassing 109,000 USD. Key initiatives include establishing a federal Bitcoin stockpile and pro-crypto regulations aimed at enhancing America’s financial stability.
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