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Bloomberg: Trump’s proposed executive order may establish a cryptocurrency advisory committee

2025-01-18 05:56

Odaily News According to Bloomberg, Bitcoin rose again on Friday due to market rumors that Donald Trump may soon issue an executive order to make cryptocurrency a national priority. It is said that Trump may announce the establishment of his previously promised cryptocurrency advisory committee in the executive order he issued, giving the cryptocurrency industry a say in his government. Investors expect that any announcement from the new government next week will drive Bitcoin prices up and potentially set new highs, but Wall Street warned that although Congress and the White House will support cryptocurrencies in 2025, which will certainly support innovation in the industry and asset class, it may take some time for the market to feel the impact.