Why the encryption decreased? | Standard
Experts report how the cryptocurrency appears from Monday market Its shares decreased by 6.5 percent, as the whole world was affected by the decrease in shares.
revolution It stated that the price Bitcoin On Monday, it decreased by one percent over the past hour, by 4.22 percent over the past 24 hours. BitcoinIts price also decreased by 6.89 percent last week. The current price is 80201.08 pounds £ Bitcoin (BTC). Currently, the Bitcoin value is 8.02 percent lower than its highest level ever at 87,193.27 pounds, according to the one. Queen Piece.
Why was it expected that the cryptocurrency will rise after Donald Trump’s return to office?
It was hoped that new lists supported the encrypted currencies, in addition to tax cuts and less than that Systems After assuring the voters that this would be one of his priorities as soon as he took office.
the marketThe optimistic feeding was expected a huge rise.
The price of encrypted currencies and bitcoin is closely related to the American stock market, where bitcoin trading and cryptocurrencies were seen in recent months in line with high -growth technology shares that have risen due to the rush towards artificial intelligence.
Trump has been busy since he took office after his inauguration; However, the expected rise in digital currencies did not happen, and in fact, the market has collapsed.
In his inauguration speech, the new American president did not mention even cryptocurrencies, which led to many people’s confusion and tension about what they invested in.
Without clear signals about market support, it began to decline.
There was a large -scale sale of shares and cryptocurrencies, as many cryptocurrencies, including bitcoin, suffered from a sharp decrease.
What did Donald Trump now say?
On Friday, the president took a position on the currency, and ordered the formation of a working group to consider the current situation of encrypted currencies.
The executive order is required to form a working group to advise the White House on the best path of work.
The group will be responsible for proposing a framework for American assets within six months, including considering the creation of inventory of encrypted currencies.
However, it did not confirm that America would create its own bitcoin reserves as a country – which was promised by the election campaign.
What is the relationship of artificial intelligence to the decline in cryptocurrencies?
There were fears that new and young Amnesty International The market will destroy more.
There is concern that the new model will reach technical assessments.
A report issued by “Instagram” said that the Chinese company poses “a possible threat to American stock markets by disrupting the current domination of the American artificial intelligence market.” Market experts QCP Asia on monday.
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