Coin-Turk 19 minutes ago
22
Bitcoin 
$79,943 started the week with a substantial decline, falling below the $80,000 mark. In the last 24 hours, the largest cryptocurrency lost about 4% of its value, signaling a drop due to selling pressure in the global stock markets and statements from U.S. President Donald Trump. Market data indicates that over $750 million in positions have been liquidated in the cryptocurrency market within the past 24 hours. Experts warn that Bitcoin may test the $75,000 level in the short term.
Why is Bitcoin Falling?
The recent drop in Bitcoin’s price is linked to economic uncertainty statements made by President Trump and the “Strategic Cryptocurrency Reserve” executive order. Although the executive order signed last Thursday anticipated purchasing Bitcoin without utilizing state budget resources, the lack of concrete steps has disappointed …
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