BTC is fighting less than 84 thousand dollars, although the Trump Summit is paid

Bitcoin faces difficult time to stay over $ 84,000, even with all the excitement surrounding the first White House encryption, which was hosted by US President Donald Trump on March 7. People in the world of encryption were really hoping that the event would start a significant increase in prices, especially since Bitcoin had recovered from the level of $ 83,000 last week and reached $ 92,000 before the summit.

But things did not turn as expected. Instead of rise, the Bitcoin price decreased, and it decreased by 3 % on Friday and the week ends by approximately 7 % at $ 87,000.

The broader encryption market was not much better. The total value of the maximum market has decreased to $ 2.76 trillion, a decrease of 2.77 % in the past 24 hours. Bitcoin’s market value is now $ 1.65 trillion, while trading over 24 hours has jumped to $ 18.45 billion. Ethereum and other large cryptocurrencies also witness low prices.

The same summit was one of the most long -awaited events for the encryption community. I combined important policies and makers, with a lot of debate about strategic encryption reserves. This early bowl quickly faded, when it became clear that the administration was not actually planning to buy more encryption assets. Instead of raising the increase in prices, turning the market into acid, leaving many investors feel the mixture.

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