Reported 1 day ago
Bitcoin's price has dropped below $90,000, reflecting a decline from approximately $106,000 at the time of Donald Trump's inauguration. The recent fall in Bitcoin and other cryptocurrencies comes after a troubling consumer confidence report, sparking concerns about the stability of the digital asset market. Despite this decrease, Bitcoin remains higher compared to its pre-Trump election value. The cryptocurrency industry faces challenges from significant hacks and regulatory scrutiny, highlighting its volatile nature amid promises of supportive regulations.
Source: YAHOO