< img src = "/uploads/blogs/42/a6/ib-fqq8asuri_3a6d83fa.jpg" Alt = "Trump spent the first in history of the summit on cryptocurrencies, but the price of bitcoin still fell"/> < P > White House spent the first in the history of the summit on cryptocurrencies. However, the price of bitcoin is still lower.

< p > reports RBC-Ukraine with reference to NBC News.

< p >According to the newspaper, the summit gathered the leaders of the industry, which became the largest group of donors in the 2024 elections. The purpose of the event was to confirm the desire of the US Presidential Administration Donald Trump to make the United States of the “cryptostolya of the world.” In addition, to formally refuse rigid regulation of the industry introduced for former President Joe Biden.

< p > However, some investors obviously expected more. Upon completion of the summit, the price of bitcoin fell by 4%, and as a result of the week, decreased by about 8%.

< h2 > which preceded the price fall

< P > Recall that the Bitcoin price fall was David Saxi, Chief White House Specialist in AI and cryptocurrencies.

< P > In particular, US President & nbsp; signed a decree on Thursday to create a “strategic reserve of bitcoins”. But after a while, Saks said that the states have no active plans for additional cryptocurrency purchases.

< P > Instead, the reserve will consist of available Bitcoin reserves, confiscated by law enforcement agencies in suspects or seized during civilians.

< P > In addition, the restrained reaction was expressed by Jeff Park, the head of the investment group of bitcoins Bitwise, calling the details of the decree “non -ideal result”.

~ ~ < P > “Presidential Decree is just a political directive that can remain valid or disappear as easily as Baiden's decree on gender and affirmative assistance for minors or its order to restrict the industry of the industry … without legislative support, which reflects the power of the public. expected large -scale consequences, “he wrote on the social network H.

Natasha Kumar

By Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116