Bitcoin price today: The largest decrease in cryptocurrency prices after the “first bitcoin president” global slaps. Here what happened is wrong

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Bitcoin price today: The largest decrease in cryptocurrency prices after the "first bitcoin president" global slaps. Here what happened is wrong

Bitcoin, which was often described as the largest or more popular cryptocurrency, Prys decreased by 10 percent since US President Donald Trump announced his global definitions last week. Bitcoin price Less than 78,000 dollars fell on Sunday night. Bitcoin reached a record price of about 110,000 dollars on January 20, 2025, when Trump was sworn in to the President to 47 to the United States, according to a report.

The rapid decrease shows that bitcoin, which is often set as a long -term source of value, is still undergoing the tampering of the broader market that has been moved since Trump announced wide import taxes last week. NYT News Service has reported that many investors are treating Bitcoin just like any other technical shares, which is a risk fraught investment that makes sense to sell it in difficult times.

Almost everyone in the world of encrypted currencies celebrated the second elections of President Donald Trump, an enthusiastic industry enhancement that promised to turn the United States into the “planet’s encryption capital”.

But now the man nicknamed “the first bitcoin president” to head Bitcoin’s crash, says the report.

Since winning a second term, Trump has greatly achieved his promises to help the encryption industry. He appointed organizers supporting Crypto and signed an executive order to create a government stock of Bitcoin.

Meanwhile, Trump also expanded his personal investments in the world of encryption, marketing the so -called Mimikoin with his supporters. But the impact of its definitions on the encryption market has led to some prices in prices.