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The Daily: Bitcoin and privacy coins gain as Trump-Powell conflict escalates, Tether freezes $182M in USDT, Strategy makes biggest buy in six months, and more

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TL;DR:

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

Key Points:

  • The Daily: Bitcoin and privacy coins gain as Trump-Powell conflict escalates, Tether freezes $182M in USDT, Strategy makes biggest buy in six months, and more
  • Involves BTC, ETH, ADA cryptocurrencies
  • Background:

    Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

    Why It Matters:

    This development could influence BTC price action and market sentiment in the near term.