The legislative progress of Bitcoin's strategic reserve in various states in the U.S. has not been smooth recently, essentially being stalled by Congress's voting. Therefore, if this procedure continues, it may take quite a bit of time.
However, at the presidential level, a different approach can be taken, as mentioned by Reuters, through the creation of a foreign exchange stabilization fund by the Treasury.
So after a significant surge last night, the price has returned to the level it was at a week ago. The remaining time is still about waiting for the White House's crypto meeting on Friday; only with new information will the market have further directional choices.
Long and Short Reference
Due to the rapid changes in the market in the short term, we won't elaborate too much here. Ok, that's the market for today. Good luck to everyone, and we welcome you to join the community. If there are any changes in the market, we will notify everyone in the community as soon as possible. Follow our public account: Ambush Notes.
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