This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Is the current decline in the cryptocurrency market due to Donald Trump?
On the day Trump took office, Bitcoin was priced at $109,000.
Today, almost a year after he took office, Bitcoin is priced at $68,000.
Today, the Trump Organization announced it made approximately $3.5 billion from cryptocurrencies in one year.
Just hours ago, 3.5 billion USDT was burned and converted into real money.
✍️If cryptocurrency and Bitcoin prices have been declining since Trump took office, where did the $3.5 billion come from?!
$BTC
{spot}(BTCUSDT)
$TRUMP
{spot}(TRUMPUSDT)
$ATM
{spot}(ATMUSDT)