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US crypto excitement akin to ‘space race’ under Trump: TRM Labs exec

Recent political appointments in the US have generated a buzz reminiscent of the ‘space race’, potentially positioning the country as a leader in the digital asset industry. Ari Redbord from TRM Labs highlights significant figures like Scott Bessent and Paul Atkins, emphasizing the interest in pushing digital assets forward under recent government changes.

Ari Redbord observes a shift in Bitcoin usage from an asset investment tool to practical applications, such as payments and remittances. Market analysts see supportive policies increasing demand for Bitcoin, leading them to predict significant price appreciation. Although exact prices were not provided, the expectation is for considerable growth in Bitcoin’s valuation.

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