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Cryptocurrencies Price Prediction: Trump, Cryptos & Bitcoin – American Wrap 22 August

The US is becoming a global hub for cryptocurrencies after Trump came to power 

The US is positioning itself as a potential global hub for cryptocurrencies under President Donald Trump. The rise of the US as a crypto powerhouse narrative comes amid the initiatives taken by Trump’s administration, such as the GENIUS Act, the Strategic Bitcoin Reserve, and the launch of Trump-backed ventures, as well as pro-crypto regulatory appointments, which reflect a policy shift aimed at boosting adoption and market confidence. To gain more insights into these developments, FXStreet interviewed experts on this matter.

December 2024: Key Appointments Signal Pro-Crypto Stance

Crypto Today: Bitcoin, XRP slip as supply in profit declines, Ethereum holds steady

Bitcoin (BTC) and Ripple (XRP) are at a crucial crossroads as the supply in profit declines and the technical outlook indicates increasing downside risk. Ethereum (ETH) remains steady, despite the risk of a broader market correction looming.

What next for ETH, XRP, SOL as Bitcoin stalls at $113K and ETF outflows mount

Bitcoin traded near $113,700 on Thursday, failing to hold above $115,000 as resistance from the 50-day moving average capped a rebound attempt.

 

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