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BITCIONS has observed the active progress of Turkey in advancing cryptocurrency legislation, garnering significant international attention. This move not only highlights the attention of the Turkey government to the cryptocurrency market but also provides a more transparent and regulated investment environment for global investors. In this rapidly changing crypto market environment, understanding and adapting to new laws and regulations are paramount for investors. At this moment, as a platform dedicated to providing high-quality trading services to users, BITCIONS will continue to play its crucial role in helping users seize investment opportunities and achieve wealth appreciation.

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The meeting between President Bukele and Cathie Wood marked a significant step forward in the economic and technological domains for El Salvador. Currently, the GDP of El Salvador stands at approximately $30 billion, with an average monthly income of only $450. However, President Bukele is confident that by combining Bitcoin and AI, the GDP can be increased tenfold within the next five years. This bold prediction is not only based on the policy support and technological adoption of El Salvador but also on changes in the global economic environment and the push for technological innovation.

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Additionally, the U.S. Consumer Price Index (CPI) for May came in lower than expected, pushing Bitcoin prices from $68,000 to $70,000 on Wednesday. However, after the Federal Open Market Committee (FOMC) lowered its rate cut expectations on Thursday, prices quickly retreated. Despite significant selling pressure in the market, continued accumulation by long-term holders and support from technical indicators suggest that Bitcoin still has considerable upside potential in the future.

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