Trump Says Cryptocurrency May Solve the $35 Trillion U.S. Debt Problem
Jinse Finance reported that Trump stated in a private meeting that cryptocurrency has a "great future," and hinted that the United States might be able to use cryptocurrency to solve its $35 trillion debt problem. According to a leaked video, Trump said: "I would write on a little piece of paper: $35 trillion in cryptocurrency, we have no debt, that's what I like to do." It is worth noting that this is not the first time Trump has suggested using digital assets to eliminate the ever-growing U.S. debt. He has repeatedly stated publicly that bitcoin could be used to "save America."
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MoreData: In the past 24 hours, total liquidations across the network reached $127 million, with long positions liquidated for $55.43 million and short positions liquidated for $71.97 million.
Data: If ETH falls below $3,747, the cumulative long liquidation intensity on major CEXs will reach $1.302 billion.
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