Bitcoin price hits six-week high after Trump backs cryptocurrency
Briefly

Trump pledged to end the persecution of the crypto industry, expressing a pro-bitcoin stance and promising to fire Gary Gensler, the head of the US Securities and Exchange Commission, who is skeptical about cryptocurrencies.
He emphasized the importance of the US embracing crypto and bitcoin technology to prevent countries like China from dominating the cryptocurrency market, highlighting potential risks of not adopting such innovation.
Read at www.theguardian.com
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