Crypto Market Heats Up: Major Players Dive In!

CoinEx Research recalled that the acting chairman of the US Securities and Exchange Commission (SEC) Mark Uyeda created a special working group to work with the crypto market, and President Donald Trump signed an executive order in the first week to support crypto innovations.

“Outside the U.S., governments have stepped up their focus on Bitcoin . The Czech central bank is approving the inclusion of Bitcoin in national reserves, and Norway’s sovereign wealth fund has reported a 150% increase in its Bitcoin holdings. These moves highlight growing confidence in the first cryptocurrency as a legitimate store of value among treasuries and institutional investors,” the analysts believe.
Large corporate investors and U.S. government policies will shape the market for the first cryptocurrency and other digital assets in the coming weeks. Investors should remain cautious amid rapidly changing liquidity trends, analysts say.
Earlier, James Butterfill, head of research at CoinShares, said that US President Donald Trump's use of the Emergency Economic Powers Act could trigger a rise in the first cryptocurrency's rate