Bloomberg: Trump’s proposed executive order may establish a cryptocurrency advisory committee
Bloomberg revealed that due to market rumors that Donald Trump may soon issue an executive order to prioritize cryptocurrency, Bitcoin rose again on Friday. It is said that Trump may announce the establishment of the cryptocurrency advisory committee he promised before in his executive order, giving the cryptocurrency industry a voice in his government. Investors expect any statements from the new government next week to push up Bitcoin prices and possibly set new highs, but Wall Street warned that although Congress and the White House will support cryptocurrencies by 2025, this will support innovation in the industry and asset categories, but the market may take some time to feel the impact.
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