Bitcoin decreased less than 90,000 dollars after the historic encryption penetration

After reaching record levels last year, Bitcoin lost a little luster.

The world’s most popular cryptocurrency has witnessed the largest decrease for one day in the months of Tuesday (February 25) amid a set of factors, including Fears about definitions In the United States and modern, breaking the standard Theft of $ 1.5 billion In the ether currency from Pipe exchange.

Bitcoin fell to less than $ 90,000 on Tuesday, its lowest level since November. It was the currency Over 100,000 dollars Late last year, supported by optimism that the Trump administration will reduce the regulations.

But I noticed Reuters in a report on Tuesday, unlike Naming friendly officials for encryption Early from the administration, investors had little concrete news that it trades.

“There are no new upscale stimuli – such as progress in The friendly organization for encryption Or approval of the investment funds circulating in the cryptocurrency-prices have been kept in recent weeks, “Thomas Ardosi, head of the product in cystic fibrosis standards, He said Reuters.

There were some movements towards the regulation of encryption in Congress recently. For example, by two Republican members in Financial Services Committee in the House of Representatives He said that Republicans in the congressional councils will work with the Trump administration and the organizers to pass the legislation of digital assets and the Blockchain space.

Effective legislation and Continuous organizational participation It will ensure that good actors that have innovative products can flourish in the United States and consumers are properly protected from attracting rug, manipulation of the market and other fraudulent activity.

The Reuters report also indicated that investors were also out of the boxes circulating on the Bitcoin stock exchange (ETFS). Data from LSEG shows the largest investment fund Money was launched for the first time A little more than a year ago.

Meanwhile, Bybit said on Monday (February 24) it has prepared its reserves to 1: 1 within 72 hours of theft last week.

“Bybit fully supports all the assets of customers charged with our platform, while maintaining a dynamic percentage of more than 1: 1″, ” Ben ChuThe co -founder of the platform and the CEO said in a press release.

“We are lucky to have friends in all weather conditions in Cutting– Stop their peers and even competitors with us during difficult times, and our customers deserve the same level of commitment. “