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The Daily: Bitcoin whipsaws amid Lummis announcement and Trump WEF remarks, Ledger co-founder freed after kidnapping and more

Bitcoin briefly surged to 106,000 USD following Senator Lummis’s hints at an announcement, though it later stabilized after her news focused on chairing a digital asset subcommittee without a Bitcoin reserve plan.

During a speech at the World Economic Forum, President Trump reaffirmed his ambition for the U.S. To become the global leader in AI and cryptocurrency, which affected Bitcoin’s price positively.

Ledger co-founder David Balland was rescued after a kidnapping incident, highlighting safety concerns in the crypto sector. Additionally, Bitwise registered a Dogecoin ETF, signaling increased institutional interest in digital assets.

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