Senator presents bill to prevent Trump from profiting from cryptocurrencies.
https://youtube.com/shorts/eSv5KOAhn2Y?si=oLe6vDu1Q1wXhDyW
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Market Closure "June" (24/06/25)
📈 [Ibovespa and Dollar]
The Ibovespa closed up 0.45%, at 137 thousand points, even with Petrobras down.
The commercial dollar rose 0.29%, quoted at R$$ 5,52.
The market reacted well to the news of a ceasefire between Israel and Iran, announced by Trump, which reduced geopolitical tensions and boosted risk assets.
Even with a drop in oil, banks, retail, and the electric sector pushed the index up.
💰 [Cryptocurrencies on the Rise]
Bitcoin surged and again surpassed US$$ 105 thousand, with an increase of over 3% for the day.
Other cryptocurrencies followed the movement, appreciating by up to 9%.
Reason?
Relief in the Iran-US conflict and a lighter speech from the Fed, which indicated a possible interest rate cut as early as July.
🏛️ [Trump and Cryptos]
In the US, Democratic Senator Adam Schiff introduced a bill to prohibit Trump and his family from profiting from cryptocurrencies while in office.
The measure provides for fines and up to 5 years in prison for those who violate it.
🐋 [Concentration in Bitcoin]
A new study shows that only 216 large entities already control almost a third of all bitcoins in the world.
Despite still being a decentralized network, the dominance of so-called "whales" has been growing with institutional advancement.
This was the quick overview of today's market.
📌 If you liked it, leave a like, share, and comment on what you thought about this rise in Bitcoin and stocks. Until the next video!
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