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Trump signed an executive order in early March this year proposing to establish a national strategic reserve of Bitcoin and other tokens, and requested the Treasury Secretary to submit an evaluation report on the legality and feasibility of the plan within 60 days. With less than two weeks remaining until the 60-day deadline set by Trump's executive order, this means that more details about the US Bitcoin reserve will soon be disclosed. Market expectations for this may be one of the important catalysts for the recent rebound in cryptocurrency. In addition, any comments questioning the independence of the Federal Reserve have also had a positive spillover effect on Bitcoin.
the market shows BTC breaking through $88,000, now reported at $88,059, a 24-hour increase of 4.25%, with significant market fluctuations, please manage risks.
French Finance Minister Eric Lombard warned that if Trump dismisses Federal Reserve Chairman Jerome Powell, it will endanger the credibility of the dollar and disrupt the stability of the U.S. economy as the bond market develops. Eric Lombard added that the result of Powell's dismissal would be higher debt repayment costs and severe confusion in the national economy, consequences that will eventually force the United States to negotiate to end the tension.
US dollar against the offshore RMB just broke through the 7.3000 yuan mark, with the latest report of 7.2999 yuan, up 0.03% on the day; the US dollar against the onshore RMB is now reported at 7.2990 yuan, up 0.01% on the day.
spot gold continued to rise, breaking through $3330 per ounce, hitting a new historical high, rebounding about $100 from the daily low, and rising more than 3% within the day.
the market shows BTC breaking through $85,000, now trading at $85,022, with a 24-hour decrease narrowed to 0.41%. The market fluctuates greatly, so please be prepared for risk control.
according to Arkham monitoring data, Grayscale transferred a total of 6576 ETH worth $10.38 million to Coinbase Prime's hot wallet address seven minutes ago.
DWF Labs posted on social media platform that they have established a new office in New York and strategically purchased 25 million US dollars worth of WLFI tokens.
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