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BTCC / BTCC Square / Global Cryptocurrency /
Historic Week for the Crypto Industry as Trump Steps into Office

Historic Week for the Crypto Industry as Trump Steps into Office

Author:
Global Cryptocurrency
Published:
2025-01-25 01:02:47
9
3
The cryptocurrency market experienced a historic week with significant macro-level developments that could lead to long-term progress. Despite the total crypto market cap remaining around $3.8 trillion, the week was marked by the inauguration of Donald Trump as the 47th President of the United States. Trump's first action was signing an executive order to establish a working group on Digital Asset Markets, aimed at exploring the future of digital assets.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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