Trump tokens dropped. News broke of an investigation. It involves World Liberty Financial. They dealt with a UAE royal family member. Markets reacted to the probe's announcement.
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The crypto market rose to $3.16 trillion. Major coins like Bitcoin and Ethereum gained 1-2%. Top movers included Virtuals and Render, surging over 17%. Bitcoin ETFs had a huge $471 million inflow day. SEC Commissioner Caroline Crenshaw has left the agency. PwC is expanding its crypto work on stablecoins and payments.
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Industry leaders slammed a Democratic Party post. It joked about crypto losses during major market turmoil. Billions were liquidated, causing real financial pain. They found the mockery in poor taste.
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