Cryptocurrency market capitalization grew by 39.9% in a month
Cryptocurrency market capitalization increased by 39.9% in a month, reaching a record high — report.
The total market capitalization of cryptocurrencies increased by 39.9% in a month, reaching a record level of $3.47 trillion — the highest figure since November 2021. This is stated in a report by Binance Research.
Donald Trump will have another special representative ("king") - this time for artificial intelligence and cryptocurrencies. This position will be filled by David Sachs, the former chief operating officer of PayPal.
#btc , who set the absolute record for value, reacted to Sachs' candidacy calmly.
Trump first announced plans to create the position of a new special representative - the "crypto czar" - this summer, during a conference #Bitcoin 2024. At the same time, he promised to change the approach to regulating the industry, criticizing the actions of the Joe Biden administration, which, according to Trump, treated crypto enthusiasts as $BTC $ to criminals" and "wage war against them".
Announcing the appointment of David Sachs to the new position on his social network Truth Social, Trump called artificial intelligence and cryptocurrencies "critical to the future of American competitiveness" areas. $BNB #pepe $XRP