🔥President Donald Trump confirmed that the U.S. government has actively "talked about" and is reviewing plans to directly purchase "sizable" amounts of Bitcoin and other cryptocurrencies.
$BTC $BNB $ETH
Trump said, "we're going to ensure America remains the undisputed leader, not only in Bitcoin and crypto, but also technologies like prediction markets and artificial intelligence".
Driven by the White House commentary and a simultaneous move by the U.S. Treasury to double its long-end debt buybacks, Bitcoin surged sharply from the $64,000 range toward $69,700.
This price movement triggered a massive short squeeze, liquidating over $1.1 billion in bearish crypto positions within a single hour.
$BTC $BNB $ETH
Trump said, "we're going to ensure America remains the undisputed leader, not only in Bitcoin and crypto, but also technologies like prediction markets and artificial intelligence".
Driven by the White House commentary and a simultaneous move by the U.S. Treasury to double its long-end debt buybacks, Bitcoin surged sharply from the $64,000 range toward $69,700.
This price movement triggered a massive short squeeze, liquidating over $1.1 billion in bearish crypto positions within a single hour.