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Tariffs Gone; Crypto UP ๐๐ค๐ผ PLUS A DOGE ETF ๐ถ
Manage episode 476266748 series 1358047
President Trump's tariff pause spurred a significant market rally, benefiting both traditional stocks and the cryptocurrency sector. This surge saw Bitcoin and other cryptocurrencies, including meme tokens, experience notable gains. Simultaneously, the confirmation of Paul Atkins as the new SEC Chair signals a potential shift towards a more favorable regulatory environment for crypto. This development coincides with 21Shares filing for a spot Dogecoin ETF, suggesting a broadening acceptance of digital assets by traditional finance. Despite this positive momentum, the episode notes caution due to unresolved trade tensions and the inherent volatility of the crypto market, alongside observations on broader crypto trends.
238 episode
Manage episode 476266748 series 1358047
President Trump's tariff pause spurred a significant market rally, benefiting both traditional stocks and the cryptocurrency sector. This surge saw Bitcoin and other cryptocurrencies, including meme tokens, experience notable gains. Simultaneously, the confirmation of Paul Atkins as the new SEC Chair signals a potential shift towards a more favorable regulatory environment for crypto. This development coincides with 21Shares filing for a spot Dogecoin ETF, suggesting a broadening acceptance of digital assets by traditional finance. Despite this positive momentum, the episode notes caution due to unresolved trade tensions and the inherent volatility of the crypto market, alongside observations on broader crypto trends.
238 episode
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