Cryptocurrency news for 01/05/2024

Discover the latest developments in the U.S. crypto market: From $1.2 billion in liquidations tied to Fed decisions and budget uncertainty to Bitcoin’s recognition as "digital gold" by the U.S. Treasury. Explore how Trump’s election victory is fueling market rallies, record highs for Bitcoin, and IPO aspirations for major crypto companies like Circle and Kraken. Stay updated on how policy shifts and economic events shape the future of digital assets.