Can Trump Revitalize Bitcoin’s Utility? Exploring His Potential Impact on Cryptocurrency Adoption and Innovation.
U.S. support has significantly boosted Bitcoin prices, as evidenced by the approval of regulated funds allowing institutions to invest in the cryptocurrency. Experts, including BlackRock’s Larry Fink, see potential for Bitcoin to skyrocket even further, possibly reaching $700,000. Senator Cynthia Lummis is advocating for a strategic reserve of Bitcoin to help reduce U.S. debt, proposing ...