Tom Westbrook and Elizabeth How Cloft
New York / Singapore / Paris (Reuters) -Friday’s cryptocurrency market has soared, and President Donald Trump formulates the cryptocurrency regulation that the industry has longed for, and to consider the establishment of US virtual currency regulations. Even after ordering the subcommittee, it was still below the recent high. Cryptocurrency stockpile.
Since Trump took office on Monday, Bitcoin has been mostly stable and has been boosting the world’s largest cryptocurrency to a new record of $ 1009,071. While the exhilaration of the expected cryptocurrency regulation reform was partially diminished, it was trading around $ 1006,000 on Friday.
Bitcoin is one of the most spectacular Trump Trading, which rose 50 % and exceeded $ 100,000, updating the highest value since Trump’s victory in November.
Mr. Trump reversed the crackdown on the industry by the Biden administration, promised to become a “virtual currency President,” calling for election funds for cryptocurrency, and the administration began to make a promise this week.
In the Presidential Ordinance on Thursday, he advertised that the digital asset industry was “extremely important” for the United States’ innovation, and founded a work group to consider new virtual currency rules and stockpile virtual currency. The Transaction Committee (SEC) sharply raised accounting guidelines. The industry said it was hindering the spread of cryptocurrencies.
These measures seemed to alleviate the disappointment in response to the lack of cryptocurrency reform in the first day announcement of President Trump on Monday, although the details were neglected.
At 1714 GMT, bitcoin rose 2.8 % on the day to $ 1006,048, and small cryptocurrency Ether rose 4.1 % to $ 3383.
“We are looking at the Trump administration’s uncertainty, and has been selling some profits,” said Nick Twidale, Chief Analyst of Sydney.
“He has not made some promises, but it will probably not be so powerful and prompt.”
$ Trump token
Trump -related cryptocurrency ventures, including the $ trump Memcoin and the tokens issued by World Liberty Financial, have been updated in recent days.
According to Coinmarketcap, the $ trump token released last Friday has been traded for about $ 32.62, and its value has fallen to about half since the peak of about $ 75 on Sunday. Early on Sunday, it was trading at a level below $ 10.
In addition to the critical chorus that President Trump’s coins and Mrs. Mrs. Melania Trump, the Senator Elizabeth Warren, the Democratic Party, Senator Elizabeth Warren, the Democratic Party’s top, in addition to the critical chorus. We asked US regulatory authorities about this coin.
“The $ trump and $ melania have the ability of President Trump, who governs Japan fairly, and have a serious risk for these coins,” she wrote in the letter.
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