The cost of Bitcoin on February 25 fell below $ 90 thousand and reached the lowest level since mid -November, evidence of commerce. The experts interviewed by Bloomberg associated this with the president of the United States, Donald Trump, with imported tariffs and a series of scandals in cryptographic industries.
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At least during the last day, the cryptocurrency cost $ 87 thousand at the time of the publication (13:59 Moscow time) Bitcoin quoted $ 88.26 thousand, expensive at approximately 1.5%. Bitcoin capitalization was $ 1.75 billion.
Why is Bitcoin falling? Bloomberg writes that from the moment Trump was assuming the position, President Bitcoin has fallen into more than 20%. According to the agency, the fall in the cost of cryptocurrency is caused by an “aggressive” position of a politician in relation to the allies, which undermines investor’s confidence.
“The fall of the Bitcoin course is probably due to the broader macroeconomic uncertainty that has covered most of the financial markets in recent days, as well as the rates presented by President Trump,” said Adrian Crypto executive director – Railway of the Crypto Railroad Adrian Tracting.
Not only tariffs. In addition, the great recent scandals in the industry could affect the cost of Bitcoin, writes the agency. We are also talking about breaking the Bybit crypto accounts, as a result of which computer pirates stole around $ 1.4 billion, this increased concern for investors on digital asset safety.
- Bybit was pirated on February 22. The head of the Ben Zhou site promised that he would compensate for all losses, since the cost of all his assets is more than $ 20 billion.
Author:
Anastasia Kossakovskaya
Source: RB

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