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Decentralized? Not Anymore — Bitcoin Reacts to Trump More Than the Fed

  • Bitcoin's supposed decentralization is being questioned as it reacts more to political figures like Donald Trump than to traditional financial entities like central banks.
  • Trump's statements have directly influenced Bitcoin's price, causing fluctuations based on his announcements and actions.
  • Even other cryptocurrencies like Dogecoin are now reacting to Trump-themed content, showcasing how political influence is affecting the crypto market as a whole.
  • Institutional involvement in the crypto ecosystem, particularly through Bitcoin spot ETFs, is further amplifying the market's reaction to political news, with suspicions of well-timed trades by influential individuals.

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