Damp squib for Bitcoin (BTC) on Trump inauguration day

Damp squib for Bitcoin (BTC) on Trump inauguration day

Crypto Daily – The inauguration of Donald Trump as the next president of the United States passed off without the merest mention of or crypto. After a spectacular rally into the event, the Bitcoin price fell more than $7,000 from the new all-time high of $109,300, to end the day at $102,150.

A Bitcoinless Inauguration day

Trump’s special day was full of pomp, pride, and quite a bit of humour provided by a fun-loving president. All the family and invited guests were there to pay homage to the new president, and the event went off without any notable negative incidents.

That said, not only did President Trump not mention Bitcoin at all in his inauguration speech, but there wasn’t the merest hint of it. Of course, the president may have been playing safe for his first day, but those in the crypto lobby might have been disappointed.

In fact, in the first executive orders that were signed by Trump on Monday, there was a rescinding of the Biden-era policies…
Read More

Leave a comment

Send a Comment

Your email address will not be published. Required fields are marked *