The encryption prices fell while Trump’s boom fades

The story: Crystone currency prices take a great stumbling, as Bitcoin fell about 6 % in the Friday trade.

It has now ended about five of the summits that were struck at the time of the inauguration of Donald Trump.

The higher encryption code has now lost all the gains made after its victory in the elections in optimism about the sector.

Market monitors say that digital funds are increasingly disappointed because there are no major steps from Trump.

He arrived in power and promised to be a “chief encryption”, and took some steps to make it.

Persons with encryption were named in prominent jobs.

The organizers seemed more friendly to the sector, dropping some investigations and abandoning the investigation of the Top Us Crypto Excination Coinbase.

But Trump did not order the United States to start buying bitcoin.

Currently, he just asked a working group to examine the idea of ​​a national encryption reserve and consider the rules of new digital assets.

This is disappointed for some industry analysts, who say expectations for the new president may have been very noble.

There may also be other factors weighing bitcoin and competitors.

This includes concern that the US interest rates can be delayed if inflationary pressures are escalating again.

Competitive symbols have done worse than bitcoin.

The ether has decreased more than 40 % since December.

The so -called memecoin has lost 80 % of its value since its launch before its inauguration.

Finally, the value of approximately $ 1 trillion of the global encryption market has been eliminated due to prices in prices.