Bitcoin has seen a significant rise in value this year, with President Trump pledging to bolster the US's crypto presence and appointing Elon Musk to head a new crypto-focused department. Despite this, experts caution about the risks.
Bitcoin has more than doubled in value since the beginning of the year. President Trump has made promises to make the US the 'crypto capital of the planet' and has even appointed Elon Musk as head of the Department of Government Efficiency (DOGE). In the US, major investment firms like Blackrock are now investing heavily in Bitcoin, while in the UK, there are no safeguards for crypto investors.
Professor Eswar Prasad from Cornell University warns about the volatility of Bitcoin and the risks associated with it
BITCOIN TRUMP ELON MUSK CRYPTO FINANCE
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