White House reviews sovereign wealth fund proposal

The White House is reviewing a U.S. Sovereign wealth fund proposal initiated by the Treasury. While the proposal aims to enhance economic future, it has raised some concerns from White House officials.

Sovereign wealth funds globally amount to 13.7 trillion USD, a significant increase since the 1990s. This proposed fund could potentially shift economic dynamics on a global scale.

Currently, Bitcoin (BTC) is maintaining a robust market cap of 1.94 trillion USD, with its price reaching 97,791.23 USD, reflecting its strong position in the market.

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