Here's the latest crypto news regarding Trump:
- *Trump's Tariff Threats*: President Trump criticized India for purchasing inexpensive Russian oil and threatened a 25% tariff, which could impact the crypto market. When Trump last issued a similar threat, Bitcoin fell 2.97% from $117,687 to approximately $114,322. Experts caution that further tariffs may cause market shocks.
- *US Crypto Czar Press Conference*: David Sacks, the US Crypto Czar, is set to host a press conference to announce industry leaders joining Trump's advisory council, focusing on digital assets and national digital assets stockpile. Possible appointees include executives from Ripple, (link unavailable), Coinbase, and Circle.
- *Stablecoin Priority*: Trump's executive order prioritizes stablecoins, with a market value of $225 billion, and may lead to a regulatory framework. Senator Bill Hagerty is introducing a Republican-led stablecoin bill, which has a higher likelihood of becoming law.
- *OFFICIAL TRUMP Token*: The token is currently trading at $8.56, up 4.93% in the last 24 hours, with a market cap of $1.71 billion .