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Trump Administration’s Policies Could Favor Bitcoin Mining Despite Environmental Concerns

The recent shift in the U.S. political landscape, marked by President Trump’s return, may significantly reshape the Bitcoin mining industry. Trump’s administration signals a potential relaxing of environmental regulations, which CoinOtag

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Crypto Market Dips as Hot PPI Data Stokes Inflation Concerns

The cryptocurrency market posted mild losses on Thursday after the latest US Producer Price Index (PPI) data came in hotter than expected, raising concerns about inflation and its potential impact on Federal Reserve policy. In response, Bitcoin (BTC) fell by approximately 1% in the past 24 hours, trading at $96,400. Ethereum (ETH) recorded a 1.1% drop, priced at $2,650. XRP gained 0.8% to $2.48, and Solana (SOL) slid 0.5% to $195, according to CoinGecko. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io CoinOtag