#TrumpBTCTreasury
Could Trump's Media BTC drive greater widespread adoption, or increase political risk in the cryptocurrency markets?
Thanks to the SEC approving Trump Media's $2.3B Bitcoin treasury deal, allowing the company to raise funds and buy BTC, becoming one of the largest public Bitcoin treasuries.
It also filed for a Bitcoin ETF for Truth Social, aiming to give shareholders direct exposure to BTC.
Will this be the beginning of Bitcoin's price rising to 180 thousand USD this season? Or is it a bit early to be around two hundred thousand USD.
Thank you