Trump to Prioritize Cryptocurrency as National Policy, Bitcoin's Coinbase Premium Remains Low
Crypto/Finance/Markets

Trump to Prioritize Cryptocurrency as National Policy, Bitcoin's Coinbase Premium Remains Low

BTC is trading at a slight discount on Coinbase, indicating reduced interest from U.S. investors, despite Trump’s potential crypto policy shift.

Key Highlights:

  • Potential Announcement: President-elect Donald Trump is expected to designate cryptocurrency as a national policy priority, as reported by Bloomberg on Thursday.
  • Current Market Trends: Bitcoin (BTC) trades at a minor discount on Coinbase compared to Binance, reflecting dwindling U.S. investor enthusiasm.
  • Historical Context: The Coinbase premium significantly soared during the price surge in November to December, but enthusiasm appears to be easing now.

What’s Next: With Trump's anticipated executive order potentially supporting crypto policies, the industry remains hopeful but cautious as traders await more concrete developments in his administration.

Current Bitcoin Price: As of the latest data, BTC is priced at $101,600.

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