BTC falls as Trump’s crypto report skips Bitcoin reserve details
Main Idea
Bitcoin's price dropped slightly, and there are discussions about U.S. regulatory proposals for digital assets, including decentralized finance (DeFi) and Bitcoin strategic reserves.
Key Points
1. Bitcoin (BTC) decreased by 1.14% in the past 24 hours to $117,529.
2. A report by the President’s Working Group on Digital Assets discusses integrating digital assets into the U.S. financial system.
3. The report includes proposals like the GENIUS Act, which highlights decentralized finance (DeFi) as a key growth area.
4. There is uncertainty around the proposal for a Bitcoin strategic reserve due to lack of details.
5. The article mentions various unrelated promotional content and disclaimers about cryptocurrency risks.
Description
Bitcoin ( BTC ) slipped 1.14% in the past 24 hours to $117,529 as the Trump administration previewed its long‑awaited White House report on digital assets, a document that could reshape the U.S. regulatory landscape for crypto . Bitcoin 1-day price chart. Source: Finbold The report , produced by the President’s Working Group on Digital Asset Markets, set out to outline sweeping recommendations for integrating crypto into the U.S. financial system. These include directing the SEC and CFTC to “imm...
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