Investing Updates: Will Trump's New Team Shape the Future of Crypto? An Overview of New Government Members' Stance

URL: https://www.moomoo.com/community/feed/113565503848454?is_recommendation=0&is_recommend_pos=1&futusource=news_headline_list

Donald Trump’s pro-cryptocurrency stance and his new team could significantly impact the crypto industry. Trump, who owns $7.6M in crypto, aims to make the U.S. the “Cryptocurrency Capital of the World.” Key members include:

• J.D. Vance: Pro-Bitcoin, holds $100K–$250K in BTC.
• Scott Bessent: Supports crypto as a symbol of freedom.
• Howard Lutnick: Owns hundreds of millions in BTC, compares it to gold.
• Michael Waltz: Advocates pro-crypto legislation.

Bitcoin may reach $100K–$120K amid growing institutional adoption and shifting market expectations.