HomeEconomyBitcoin fell to around...

Bitcoin fell to around $92,400

Photo: Getty Images (pictured)

The fall in the price of the cryptocurrency is associated with the statements of US President-elect Donald Trump, who recently threatened to introduce new trade tariffs against China and other countries.

On the night of November 25-26, the price of the first cryptocurrency fell to $92,410 After that the asset partially recovered its position, and now again shows a decrease in value. This is confirmed by data from CoinMarketCap.

CoinMarketCap

During the day, the asset fell by 6%. BTC capitalization drops to $1.82 trillion.

Analysts explained that the fall in the price of cryptocurrency is related to the statements of US President-elect Donald Trump, who recently threatened to introduce new trade tariffs against China and other countries.

Following Bitcoin, most cryptocurrencies, including altcoins, continued to decline. However, the exception was Ethereum, the second cryptocurrency by capitalization, which rose to $3,242.17.

In retrospect, the cryptocurrency has initially more than doubled this year and is up around 40% in the two weeks since Donald Trump was elected as the next US president and many pro-crypto market lawmakers were elected in Congress.

Also during his election campaign, Trump actively used digital assets, promising to make the United States the “crypto capital of the planet” and to accumulate a national reserve of bitcoins.

In addition, recently it became known that the meme cryptocurrency Dogecoin grew by almost 20%. This was after Trump announced the creation of the Department of Government Effectiveness, which he called DOGE. It will be led by Tesla CEO Elon Musk and Strive Asset Management co-founder Vivek Ramaswamy.


New Correspondent.net on Telegram and WhatsApp. Subscribe to our channels Athletistic and WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

The DPRK was promised by the “unclear” Poddjakke of Russia in the war against Ukraine

Russian military criminal, secretary of the Russian Council Sergey Shayga, visited Phogyan, where he met with Kim Jong. He promised him that the DPRK would support Russia, in particular, in the war against Ukraine. The parties discussed a joint operation in the Kursk...

In Pryluky, RF Postal House -Topl in the leader of the leader

In Pryluky, a hostile drone hit the house of the head of the local fire department. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } His family was killed: his wife,...

Russians were pushed to Constant and could be shot by a garden from artillery

The Russians have advanced towards Konstantinovka and are already shooting from artillery Ukrainian positions near the city. This is indicated in the report of the Institute of Military Research (ISW). .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px;...