Bitcoin was trading at approximately $38,963 on Monday, up 1.61% on the day. Bitcoin has dropped about 16% so far this year. The Federal Reserve signaled it could raise interest rates for the first time in three years in December.
Elon Musk and Vivek Ramaswamy, appointed as co-leads of President-elect Donald Trump's "Department of Government Efficiency" (DOGE), have detailed their plans in an op-ed published in The Wall Street Journal.
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