Market Update

Bitcoin slip less than $ 90,000, erasing some gains under Trump

Written by Alan Soderman, Associated Press

price Bitcoin Less than 90,000 dollars and other cryptocurrencies have fell on Tuesday morning, erasing some of the gains made by digital assets since President Donald Trump took office on a pro -sulfur agend.

Bitcoin, the most popular cryptocurrency in the world, was traded by about $ 89,000 with the opening of the American stock market. This decreased from about $ 106,000, which is the price about Trump’s installation. The decrease in Bitcoin and other encryption assets after the report showed a greater decrease in consumer confidence for this month.

The cryptocurrency is very volatile, and prices can change quickly. Even with a decrease on Tuesday, Bitcoin is still rising significantly since Trump won the elections last year. Supporters said that low prices represented a good investment opportunity.

“Buy declines !!!” Eric Trump, the son of the president, He said on social media X. Platform Bitcoin Platform Bitcoin.

It has been a mixed bag for the coded currency in recent weeks. The president and members of Congress promised to congress The Golden Age entered As for the industry, it pledged quick work to formulate friendly regulations. In recent weeks, organizers in the Securities and Stock Exchange Committee pointed to plans to drop enforcement measures against the main players in the industry, such as Coinbase and Robinhood.

But a Big penetration From the exchange of the main cryptocurrency – one of the largest thefts of all ages – and a major scandal that includes the President of Argentina and the Mimi currency has highlighted some weaknesses in the industry that is still relatively emerging.

Last week, the Cryptocurrency bybit, which is based in Dubai, announced that it is a victim of sophisticated extraordinary that stole about $ 1.5 billion in digital currency. A number of security researchers believe that North Korea, which the authorities blamed in many of the main infiltrators of encryption, were behind the theft.

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