Trump family-backed American Bitcoin rebounds from 40% decline as bitcoin rallies: CNBC Crypto World

On today’s episode of CNBC Crypto World, major cryptocurrencies rise as investors look to fend off crypto’s selling pressure. Plus, Binance appoints co-founder Yi He as co-CEO alongside Richard Teng. And, Paul Grewal of Coinbase discusses what he intends to discuss with lawmakers on Capitol Hill as the industry pushes for crypto market structure legislation.