The telecom and retail tycoon now holds most of his liquid assets in cryptocurrency, a substantial increase from previous allocations.
Bitcoin managed to recover losses from Monday’s price crash triggered by President Donald Trump’s confirmation that new tariffs on Canada and Mexico will take effect. The total cryptocurrency market cap,
President Donald Trump's new strategic crypto reserve has vocal critics, though industry insiders are convinced he has their back.
Bitcoin's price was buoyed Wednesday on hopes President Trump would soften the punishing tariffs on key trade partners Canada and Mexico.
Mexican billionaire Ricardo Salinas has ramped up his Bitcoin exposure, now allocating 70% of his portfolio to the leading cryptocurrency.
Bitcoin rebounds after U.S. Commerce Secretary Howard Lutnick hints at possible tariff relief, while Satoshi-era Bitcoin wallets moves $22 million after 14 years.
Bitcoin and Ethereum extend gains as Trump delays auto tariffs and a Trump-linked wallet buys $10M in BTC and ETH ahead of the White House Crypto Summit.
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