Bitcoin slides to less
Send the definitions announced by US President Donald Trump Coded Marketing to Tailspin, where investors have reduced exposure to the most dangerous assets.
BitcoinThe largest encryption code in the world and the most popular, 5 %, fell to $ 93,921.93 in the trading session on Monday, and even touched the lowest level in three weeks of about 91,441.89 dollars.
Eter, the second largest digital asset at the market value, rose more than 26 % to $ 2,135 in trade today. It was the largest decrease during the day in the centenary of the distinguished since May 2021, according to the data collected by Bloomberg.
Some other small symbols are the smallest of the most worse, as it was watered between 15-23 %.
Memecoin Doge reached 23 % to $ 0.2313, according to data from Coinmarketcap.com. Meanwhile, Solana decreased 6 % and XRP 21.60 %.
“The encryption market is still on the edge of a knife amid global policies and feelings of investors. Avenash Sheikhd, co -founder and CEO of PI42, said to nearly two billion dollars of qualifiers in the encryption market as the entire encryption market bleeds in red.
Sheikhar explained that the wealth of digital assets depends on the total economic factors and confidence among investors. He added, “The decline of more than $ 100,000 can add momentum again-although the cautious approach is necessary. The encryption markets are flourishing over volatility, and it seems that a declining market today can pave the way for the bullish signs for tomorrow.”
Crypting market crashes
The accident in the encryption market comes in the wake of the definitions imposed by the United States in China, Mexico and Canada. During the weekend, Donald Trump A 25 % tariff imposed on Canadian Mexican imports, and 10 % on goods from China, starting on Tuesday.
Canada and Mexico, the best commercial partner in the United States, pledged immediately with reprisals, and China said it would challenge Trump’s fees in the World Trade Organization.
The collapse in the encryption market also follows a sharp gathering after Trump took his role as an American president.
After the oath was sworn in as 47 US President, Bitcoin prices rose to up to $ 100,000, a record of 107,071.86 dollars on expectations that he would attend friendly regulations for encryption.
On January 24, Trump signed an order that created a group to create clear rules for encryption companies in the United States within six months. This group will also look at the idea of creating an encryption reserve.
Trump – who once described Kraf in a fraud – adopted digital assets during his campaign, and promised to make the United States “the planet’s encryption capital”.
(With inputs of agencies)
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