President Donald Trump Just Delivered Great News to Bitcoin Investors

03.06.25 11:00 Uhr

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President Donald Trump's election victory in November has turned into a sweet dream for crypto investors, none more so than for those who invest in the world's most-valuable cryptocurrency, Bitcoin (CRYPTO: BTC). Since Trump's win last November, Bitcoin is up almost to 60% (as of May 29) and has surpassed $111,000 on several occasions.Trump has surrounded himself with pro-crypto advisors and installed the former head of a financial and crypto consulting firm to run the Securities and Exchange Commission. He's also announced the creation of a U.S. Strategic Bitcoin Reserve to hold Bitcoin currently in the government's possession, and perhaps even purchase more. And Trump just delivered more great news to Bitcoin investors.During former President Joe Biden's tenure, the Labor Department issued guidance to U.S. companies warning them to use "extreme care" before allowing employees to invest in cryptocurrencies through their 401(k) savings accounts:Continue readingWeiter zum vollständigen Artikel bei MotleyFool

Quelle: MotleyFool