Italy’s Central Bank Warns of Global Risks Amid Trump-Fueled Crypto Rally
Italy’s central bank has raised concerns over potential global financial instability as the cryptocurrency market experiences a sharp rally. The surge is largely driven by renewed political support from U.S. President Donald Trump, who has recently returned to office, reigniting bullish sentiment across digital assets.
The central bank’s warning highlights the growing influence of political developments on cryptocurrency markets. Trump’s pro-crypto stance has acted as a catalyst, drawing both institutional and retail investors back into the space. However, regulators remain cautious, emphasizing the need for stability in an increasingly volatile financial landscape.