Bitcoin Price Plunges Despite Pro-Crypto U.S. Government
WASHINGTON, DC – FEBRUARY 13: Secretary of Commerce Howard Lutnick speaks alongside U.S. President … [+]
Bitcoin’s price hit a three-month low this week sparking questions about why its value is dropping despite the U.S. government being the most pro-bitcoin government in history.
The Trump administration’s tariffs, paired with the SEC’s more hands-off approach toward crypto regulations, has caused investors to panic. As a result, the market is experiencing a significant sell-off.
Global Trade Tensions and Tariffs Drive Bitcoin’s Sharp Decline
The backdrop for this decline is a convergence of global trade…
