$BTC US stocks rose slightly last night, as the market focused on inflation and unemployment data while digesting Trump's latest remarks on the Federal Reserve (Fed), tariffs, and the situation in the Middle East. At the same time, with the renewed conflict in Iraq and Boeing facing another major air disaster, its stock price fell nearly 5%. Overall, all three major US indices closed higher, as the market bets once again that the Fed will begin cutting interest rates this year. Bitcoin (BTC) fell from the 108K to the 103K range, a decline of nearly 4.8%. Ethereum (ETH) dropped to $2,498, a decline of nearly 10%.The proposal involves the accumulation of Bitcoin seized by government authorities, which could create a large BTC treasure. This move may affect the price of Bitcoin and market dynamics. Trump's position on cryptocurrency has changed, and now he supports Bitcoin and promises to make the USA a center for crypto innovations. The details of the plan and potential regulatory implications are being closely monitored by the crypto community, as this could determine the future of Bitcoin and the broader cryptocurrency market.
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