Trump to sign Crypto Market Structure Bill, boosting Bitcoin inflows

Bitcoin sets up potential short squeeze as funding plunges to -6%

President Trump announced that he will soon sign the crypto market structure bill in front of world leaders, which is expected to lead to a significant influx of capital into the cryptocurrency market. This bill aims to define crypto assets as commodities under CFTC jurisdiction for non-security tokens, which would reduce uncertainties surrounding SEC enforcement and is seen as a crucial step in attracting international investment and encouraging mainstream institutional entry into Bitcoin.

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