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Crypto market has lost $100 billion after Biden signs executive order on digital assets

By WebsCryptoMarch 13, 20221 Min Read
Crypto market has lost $100 billion after Biden signs executive order on digital assets
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BTC -0.80%-news/">BTC fell below the $40,000 support level again after Biden signed an executive order on digital assets, with data showing that the crypto market cap has lost $100 billion since the executive order was signed.

Anthony Pompliano, founder of crypto investment agency Morgan Creek, believes that Biden’s signing of the executive order on digital assets shows that the United States intends to become the leader of the new digital financial system and strengthen the United States’ leadership in the global financial system and technological and economic competitiveness.

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Including through the responsible development of payment innovations and digital assets, a move that could put decentralized finance in a bind. The BTC price was around $39,152.82, down 0.1% in 24 hours.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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