Bitcoin (BTC) $88,007.8190 thousand dollars of the level of this threshold fell not on the level of the level. The harsh decline in the price triggered over $ 1.3 billion in the crypto currency market and the total market value fell by 7 percent. Although investors are uneasy, some investors see this decline as an opportunity to buy.
Trump’s statement brought a decline in Bitcoin and Altcoins
Crypto Money MarketThe sudden decline came after US President Donald Trump announced that the tariffs of customs for Canada and Mexican goods will continue. Trump announced that tariffs will be implemented as planned by claiming that the United States is “ill -treatment” by trade partners.
Following this statement, Bitcoin quickly fell to $ 92 thousand and a major panic began in the market. With the continuation of panic, the biggest crypto currency was withdrawn below the threshold of 90 thousand dollars. Coinglass According to the data, approximately 365 thousand investors were affected by this collapse and the market was liquidated by $ 1.3 billion. Investors who opened the biggest loss of Long positions. The decline was not limited to Bitcoin. A lot altcoin double -digit.
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Trump’s economic policies crypto currency The impact on the market was felt before. A similar customs tariff announcement during the month caused a 2 billion dollar loss. JPMorgan analysts predict that customs tariffs and inflation concerns throughout the year will lead to harsh fluctuations in the market.
Some investors see the fall of the fall as an opportunity to buy
The last decline in Bitcoin was interpreted as an opportunity by some major investors. President of Microstrategy Michael SaylorWhile arguing that Bitcoin should be gathered from these levels, the famous writer Robert Kiyosaki also invited investors to benefit from the withdrawal of the market.
On the other hand, crypto money analysts, Trump’s crypto currency market since the beginning of the second presidential period on January 20, has lost a total of $ 7.34 billion. This corresponds to 20 percent of the total market value.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
