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Gillian Brooks
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Argentine President Javier Milei gifted Elon Musk a Department of Government Efficiency (DOGE)-themed chainsaw, the symbol of his campaign and presidency, representing his aggressive economic reforms.
#ElonMuskTalks
#JavierMilei
$DOGE
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#USTariffs
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#MarketRebound
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🔺Crypto Market Update: Key Trends and Strategic Moves Trump Administration Eyes Bitcoin Reserve 🚀 U.S. Commerce Secretary Howard Lutnick has confirmed that the Trump administration will unveil plans for a strategic Bitcoin reserve at the upcoming White House Crypto Summit on March 7. This marks a significant shift in U.S. crypto policy, signaling potential large-scale government involvement in BTC. Expect market volatility and increased institutional interest. PMI Data and Bitcoin Correlation 📉 The latest Purchasing Managers’ Index (PMI) data presents a mixed economic picture: • Manufacturing PMI rose to 51.6, indicating expansion. • Services PMI fell to 49.7, a 25-month low. • New orders are shrinking, while costs are rising due to tariffs and wages. • Employment is declining, adding to economic uncertainty. 🔗 Why does this matter for Bitcoin? Historically, BTC has shown strong correlation with PMI and global M2 liquidity. The fact that PMI has been in expansion territory for two consecutive months (first time in 26 months) suggests a macroeconomic shift that could favor crypto investments. Trump-Linked DeFi Platform Bets on Ethereum 💰 The Trump-backed DeFi platform WLFI made a bold move, tripling its Ethereum holdings last week. Amid the market downturn, WLFI added $10 million in ETH when the price dipped below $2,000, signaling confidence in long-term growth. Market Outlook: Is Capital Flowing into Crypto? 🔥 The U.S. economy appears overheated, with signs of stagnation and shifting capital flows. The recent moves by institutions and government-backed entities suggest that crypto is emerging as a preferred hedge. 📊 Personal take: I remain a realist, relying on technical and macroeconomic indicators. My expectation of a market reversal in March-April remains intact. The coming months could set the stage for significant shifts in the crypto landscape. ——— Stay sharp, stay informed, and protect your capital. 💡 ——— #WhiteHouseCryptoSummit #TrumpCongressSpeech #MarketSentimentToday
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📌 PoV: #USCryptoReserve
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Trump Takes a Soaking—And So Does the Crypto Market! 💧📉 #BTCBelow90K #DumpandDump $BTC
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