Donald Trump Dumps Bitcoin 1.3% In an Hour by His Negative Comments
Elon Musk doesn’t seem to be the one to affect the price of the first world’s cryptocurrency. Now Donald Trump enters the scene and despite his bad reputation he is still powerful enough to beat Bitcoin down. He was never known as the crypto ally, and he didn’t change his mind about the digital assets.
He openly called Bitcoin a scam and said he dislikes the fact that Bitcoin seems to compete with the dollar. Donald Trump didn’t conceal the fact that he wants the dollar to be a currency of the world.
Within an hour after his interview the price of Bitcoin started declining and reached $35,973. Bitcoin continues falling dramatically, reaching $31,604 at the time of writing this material. The crypto community is in rage, and now Trump together with Musk are enemies No.1 for crypto enthusiasts.