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BTC breaks above 104000 USDT, up 2.6 percentage in the past 24 hours.

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Elon Musk and Donald Trump recently clashed on all fronts. The spark was Trumps proposal of the Big and Beautiful Act: reducing taxes for the wealthy, exempting tips from taxes, cutting electric vehicle subsidies, and significantly increasing military and immigration spending. Musk was furious because he has been advocating for government deficit reduction and increased efficiency, but now he feels completely undermined. Meanwhile, USDC issuer Circle quietly debuts on the U.S. stock market, and the window for relaxing DeFi regulations is opening. Who is the real winner behind all this? This is not just a policy dispute, but a major game in the global route of the U.S. dollar.

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