Bitcoin prices drop nearly 4% since Donald Trump’s Crypto Strategic Reserve move
Bitcoin prices dropped nearly 4 per cent to $89,251.51 level at 8:30 p.m. (IST) on Monday, March 3, compared to its $92,807 levels on Sunday, March 2, according to data collected from Coinmarketcap.
Bitcoin was trading at $90,573.10 at 11:07 p.m. (IST) on Monday, March 3. The benchmark cryptocurrency jumped over the $95,000 level on Sunday after United States President Donald Trump announced his plans to create a Crypto Strategic Reserve.
Bitcoin’s market capitalisation dropped nearly 4.6 per cent to $1.79 trillion on Monday’s market session.
Not just Bitcoin, the overall crypto market followed Bitcoin’s cue as cryptocurrency investors spotted Trump’s move as positive, which aligns with the Trump administration’s views of boosting the…
