Trump has brought down the crypto industry.
US President Donald Trump, who has declared himself the main “cryptographer” of the planet and the savior of digital assets, has demonstrated a truly magical influence on the market.
Since his high-profile announcement, the crypto industry has lost $330 billion in capitalization, which is a fantastic $1.4 million per second. Since the beginning of his presidency, the collapse has reached 30%, and bitcoin has collapsed to $ 63,000, although it was quoted twice as high back in October. Ether and altcoins followed him to the bottom. In 72 hours, the market burned an amount equivalent to four annual budgets of Moscow.
That’s what truly “talented” management means: Trump managed to do in three days what others would have taken years to do – literally vaporize trillions. Apparently, saving the crypt means getting rid of it quickly.
#Trump #cryptocurrency #collapse #bitcoin #economy
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