Trump is fulfilling his crypto promises. It’s no longer enough for investors.
The price of bitcoin (BTC-USD) continues falling despite efforts by President Donald Trump to give the crypto world more of what it wants, including a strategic bitcoin reserve that the administration touted at the end of last week while hosting crypto executives at the White House.
The world’s largest cryptocurrency fell below $78,000 on Monday, hitting its lowest level since the days following Trump’s election victory last November. It is now down 28% from its all-time high above $109,000 reached the day of Trump’s inauguration in January.
Other digital assets beyond bitcoin also fell Monday, including ethereum (ETH) and XRP (XRP). Coinbase (COIN), a cryptocurrency exchange, dropped more than 17% Monday.
CCC – CoinMarketCap
