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South Korea’s Democratic Party previously pushed back against another delay, saying it was a political trick by the ruling party.
Bitcoin’s correction reflects investors’ inflation concerns and highlights the potential impact of future US fiscal policies.
Cathie Wood’s Ark Invest is optimistic about a more favorable environment for cryptocurrency in the US, tied to new policies under President-elect Donald Trump.
The asset manager is popular for operating the ARK 21Shares Bitcoin ETF (ARKB), which currently has $4.44 billion in net assets.