Market Update

Bitcoin is less than $ 90,000, as Trump loses a stumbling block in steam encrypted currencies

Bitcoin It fell to less than 90,000 USD to the lowest level since mid -November, as the gathering that followed the election of Donald Trump to the White House is reflected amid a wider decline than risky assets.

Bitcoin has decreased to 8.5 percent, and the largest entry during the day since August. The largest encrypted currency decreased by market value by 7.6 percent to 86,805 USD at 11.20 am in New York on Tuesday.

Other cryptocurrencies, with ether, XRP and Solana, have mostly decreased for the session. The upper digital symbols to track the index have been at the largest frequency of four days since early August.

The recent disturbances in digital assets are a flagrant transformation from the gathering in risk The encryption markets pushed up After Trump was elected in early November. Bitcoin has declined by almost 20 percent since its inauguration in January, as a combat position of Trump against allies and geopolitical competitors. He shakes the investor confidenceAnd anxiety about high inflation.
The combat position of US President Donald Trump has shook the investor’s confidence on the international stage. Photo: AFP/Getty Images/TNS

“It is possible that the low bitcoin prices will be associated with uncertainty in the broader macro that has achieved most of the financial markets in the last two days and is related to the various definitions announced by President Trump,” said Adrian Berzelosni, CEO of Crypto Exchange Independent Reserve.

The encryption prices reflect a wider decline in the risks that have gained momentum late last week when a series of disappointing economic reports pushed NASDAQ 100 to what is now the worst four -day decrease since September. On the other hand, the money poured into the Bond sanitation, which prompted the treasury for a period of 10 years to a decrease in five consecutive sessions.

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