Bitcoin Surges Above $118K as White House Crypto Advisor Resigns

The cryptocurrency market is experiencing a resurgence of activity, with Bitcoin rebounding above $118,000 and Ethereum holding near $4,200 following recent price spikes. However, political turmoil adds another layer of complexity to the market dynamics as Bo Hines, former White House crypto advisor under President Trump, has resigned. This move could significantly impact the future direction of U.S. crypto policy.