Bitcoin experienced fluctuations after President Trump’s proposal for a national strategic crypto reserve. Initial optimism turned to caution, impacting various cryptocurrencies like bitcoin, ether, and XRP. Investors and analysts have expressed concerns about the initiative potentially benefiting insiders at the expense of taxpayers. Despite excitement in the crypto industry, regulatory uncertainties persist.
Gold poised for weekly loss as US delays decision on Middle East involvement
Gold prices remained stable on Friday but are set for a weekly loss as President Trump delayed a decision on intervention in the Israel-Iran conflict.