Everleymaud
@everleymaud
Trump's move to include cryptocurrencies in the U.S. strategic reserve initially triggered a market upsurge. However, as the details of the plan were unclear, investors became cautious. Also, the expectation of a delay in the Fed's interest - rate cuts led to a tightening of liquidity. This, combined with concerns about the moral hazards and lack of clear legal basis for the reserve, resulted in a sell - off.
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