πŸ’₯ Bitcoin at a Crossroads: Will Trump Save the Day?! πŸ’₯

Oh, Bitcoin! From $95,000 to making investors sweat! πŸ’¦ What’s a crypto-lover to do?

Well, fear not, dear readers! Gracy Chen, CEO of Bitget, sat down with Bloomberg to spill the tea on potential game-changers for our beloved digital gold! 🍡

First up: President Donald Trump and his administration. Chen revealed that, while nothing is set in stone, there’s some chatter about adding Bitcoin to the U.S. strategic reserve. πŸ’°

“Sure, they’re debating, but don’t get your hopes up too high! I wouldn’t expect Bitcoin’s inclusion in the strategic reserve to be a done deal in the first half of 2025β€”or even the whole year!”

πŸ“‰ Macroeconomic Factors: The Real Heroes?

Chen also pointed out that the 2024 Bitcoin halving isn’t the knight in shining armor everyone thinks it is. Instead, she’s putting her money on macroeconomic conditions as the real MVPs! πŸ†

“Keep an eye on U.S. interest rate cuts and broader fiscal policies. That’s where the real action is!”

🐢 Musk and Trump: Unlikely Bitcoin Saviors?

Chen also mentioned that political promises aren’t the only things that can move crypto markets. She pointed to Elon Musk and his influence on Dogecoin as an example. πŸš€

“And let’s not forget about Trump! Sure, he’s a politician, but he’s also a businessman. Entrepreneurs like Musk and Trump can drive more change than traditional politicians!”

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2025-02-19 01:24