US storage stocks plummet, SanDisk falls more than 10%
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According to Bit.com data, US storage stocks plummeted, with Western Digital (WDC) falling over 6%, Seagate Technology (STX) falling over 6%, Micron Technology (MU) falling over 6%, and SanDisk (SNDK) falling over 10%.
Eleanor Terrett stated on X platform that Patrick Witt, Executive Director of the White House Cryptocurrency Council, referred to this week as a crucial week for the advancement of the US CLARITY Act. Patrick Witt stated that the advancement of the CLARITY Act will have an impact on the structure of the digital asset market, the division of regulatory responsibilities, and the future development direction of the industry.
US President Trump urges Congress to immediately pass the Bitcoin Clarity Act and states that China seeks complete control over cryptocurrencies, demanding that the US win in the BTC field. （The Bitcoin Historian）
US President Trump announced that the Strait of Hormuz will remain open, the Iranian Blockade will be restored, and proposed a 20% compensation fee for goods passing through the waterway to pay for US security costs. （Cointelegraph）
