President Trump of the USA previously signed an executive order directing the Department of the Treasury and the Department of Commerce to establish a sovereign wealth fund within the next 12 months, managed by former Morgan Stanley technology investment banker Michael Grimes. The fund is expected to be primarily funded by tariffs. Currently, there are rumors in the cryptocurrency circle that Trump might utilize the sovereign wealth fund to purchase Bitcoin. Despite this, Bitcoin did not gain any boost on the 17th; instead, it dropped over 1% at one point during trading.
币圈传特朗普可能用主权基金买比特币
There are rumors in the cryptocurrency circle that Trump might use the Sovereign Fund to buy Bitcoin.
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