Bitcoin (BTC) $107,955.4 price At the time of writing, it is about to fall below $100,000 and Trump has disappointed everyone. BTC price is currently at $100,600 and will probably drop to five-digit levels before the end of the article.
Why Are Cryptocurrencies Falling?
Trump was sworn in and officially began his term as President. However, he did not mention cryptocurrencies at all during his speech. Worse still, cryptocurrencies were not on the list of priority issues.
It is worrying that someone who issued meme coins for himself and his wife over the weekend did not mention this in his speech, even though he was elected President with the votes he received from cryptocurrency investors. Worse, if we do not see anything related to cryptocurrencies in the upcoming decrees, this may negatively affect the short and medium-term performance.
Again gentes He resigned and the cabinet is full of crypto-friendly names. Of course, their Senate approval may take a few weeks. ADA Coin While falling below $1, SOL Coin fell to $239. ETH is at $3,250 and cryptocurrency investors are not feeling it at all now that BTC is in the six figures, having already suffered a round of decline over the weekend as liquidity shifted to Trump Coins.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
