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6-Figure ‘Treasury Asset’ Bitcoin Price Possible By Year-End—Market Expert

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6-Figure ‘Treasury Asset’ Bitcoin Price Possible By Year-End—Market Expert - NewsBTC

Quick Summary:

Interestingly, Trump has also explored the idea, saying that as president, he can arrange the country’s budget woes by handing "a Bitcoin check.” Bitcoin Act Gaining Momentum After The US Elections Before Lee’s comments, there had been discussions on Bitcoin’s growing role in the country’s financial system.

Related Reading: SEC Shake-Up: Robinhood Legal Boss On Shortlist For Top Spot—Report According to Senator Lummis, Trump’s win will favor the push to make Bitcoin an asset to help combat economic uncertainties.

If Bitcoin rises in price, it actually helps offset the liabilities, which is the deficit.” pic.twitter.com/tVrnE37dhS — Squawk Box (@SquawkCNBC) November 8, 2024 Lee shared that right before the elections, the global markets faced plenty of uncertainties.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-10 @ 02:00:23 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 471 words

Reading Time: 3 minutes read

Sentences: 76 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 23485807

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 6 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 9 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #102

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