THE Bitcoin gathering triggered by Donald TrumpThe victory in the American presidential election at the beginning of November marks time, as the year 2024 draws to a close.
The digital asset was teetering at US$93,085 as of 5:25 a.m. Monday in London, about $15,000 below the record set in mid-December.
Smaller tokens like ether and meme-crowd favorites dogecoin also had difficulty shooting.
Trump’s preference for crypto-friendly regulations and his support for the idea of a national bitcoin reserve have boosted digital assets. But expectations for lower interest rates have been revised downwards by the US Federal Reserve cooled the speculative frenzy.
More clarity on the United States cryptocurrency It is likely that this regime will emerge after Trump takes office on January 20.
The Republican’s position contrasts with that of the president Joe Bidenwho repressed this scandal-prone sector.
