Trump Appoints Pro-Bitcoin Fed Economist, Boosts Crypto & Bitcoin Hyper Sentiment

2025-08-08 11:19:28

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Bitcoin’s back on the up, bouncing near $117K after the US President Donald Trump gave crypto lovers something to cheer about: the appointment of Stephen Miran to the Federal Reserve Board. Miran, a former Treasury official and vocal Bitcoin supporter, is expected to push for looser monetary policy, including fewer rate hikes and a more growth-friendly economic stance. This could be great news for $BTC. As the #1 crypto with a hefty $2.32T market cap , it tends to perform well when inflation ris...

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