BREAKING
383d 15h ago

Coinbase CEO Brian Armstrong: Bitcoin’s Strategic Reserve Unaffected by TRUMP’s Actions at Davos

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

In a significant address at the Davos World Economic Forum, Brian Armstrong, the CEO of Coinbase, affirmed that the recent political climate surrounding TRUMP would not adversely impact Bitcoin’s strategic reserve. Armstrong emphasized that the resilience of the cryptocurrency ecosystem continues to prevail, suggesting that the foundations of Bitcoin remain robust amidst external pressures. He stated that the crypto community’s ongoing initiatives are proving effective in fostering a positive environment for digital assets.

Additionally, U.S. Senator Cynthia Lummis has reiterated her commitment to advancing policies that support the growth of cryptocurrency in the United States. Her advocacy aligns with Armstrong’s insights, indicating a strong bipartisan interest in safeguarding the future of Bitcoin. This synergy between industry leaders and policymakers highlights a pivotal moment for crypto regulation, which may ultimately reinforce confidence in digital currencies as viable investments.

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