Bessant spotted at a “Bitcoin-themed bar”: the crypto industry was “delighted”.
U.S. Treasury Secretary Bessant’s surprise appearance at a Bitcoin-themed bar in Washington has been interpreted by the crypto industry as a strong bullish signal, indicating federal government support for digital assets. This high-level endorsement, occurring during a Bitcoin price correction, is seen as a key turning point that underscores the U.S. long-term strategic commitment to integrating cryptocurrencies into the mainstream financial system.
- The visit solidified Bessant’s reputation as a crypto-friendly Treasury Secretary, with industry executives calling it a historic moment and the decisive signal investors had been waiting for.
- The location holds political symbolism, as a sister bar was previously visited by presidential…
