Bitcoin looking at 250,000? The new finance minister supports virtual currency for this reason
As soon as the news of Bensent’s qualification came out, the happiest people were those in the currency community. Because Bensent is a fan of cryptocurrency. In July of this year, he was interviewed by Fox Television Network and pointed out that Trump’s support for cryptocurrency is exciting and coincides with the philosophy of the Republican Party. Bensent believes that the crypto economy represents freedom. In addition, Bitcoin can attract a group of young newcomers to participate in the investment market, which is considered extremely important for the establishment of American market culture and the development of capitalism.
After hearing the news about Bensent, well-known Ripple CEO Brad Garlinhouse immediately posted an optimistic message on his X account, believing that Bensent will "be the most supportive person we have ever seen. Innovative, pro-cryptocurrency finance minister."
Since Trump officially confirmed his victory, Bitcoin has actively surged to challenge the $100,000 mark in late November amid Wall Street's optimism as he has repeatedly expressed his support for cryptocurrencies. In fact, as early as May this year, CrossBridge Capital MD, a British investment advisory company, was optimistic that Bitcoin would reach US$250,000 in the next three to five years. Regardless of whether this prediction is overly optimistic, the United States has a Treasury Secretary who supports cryptocurrency, which may indeed be beneficial to the opening up of virtual currency policies in the future.
Bensent also strongly supports Trump's embrace of the cryptocurrency industry. If he is confirmed by the Senate, he will also become the first Treasury Secretary to publicly support cryptocurrency, indicating Trump's intention to make the United States a true "global crypto currency". "City of Money".
#Marvin One of Musk’s favorite pets. It has been with him for 10 years. It basically appears in Musk’s tweets every year. It has a community of thousands of people behind it and a strong team for marketing. There will also be up to 10% of the tokens in the future. Will be destroyed, coupled with the big bull market that occurs once every four years, the right time, right place and right people, a hundred times is just the basic!
