Bitcoin's price has seen a 2% decrease in the last 24 hours, falling below $85,000. This downturn can be linked to its correlation with the equity markets, which are experiencing extreme fear due to economic concerns. During the Digital Asset Summit, President Trump expressed his desire for the U.S. to become the world's top bitcoin hub, which did not positively affect Bitcoin's value. The current Bitcoin market cap is $1.6 trillion, with a dominance of 60.7%, but the price is 23% lower than its historical peak.
Bitcoin's price is down 2% in the last 24 hours, dipping below $85,000, as it correlates with the stock market amid fears of an economic slowdown.
Despite President Trump's bullish remarks about making America the 'undisputed bitcoin superpower,' Bitcoin's price remains subdued and significantly below its all-time high.
Collection
[
|
...
]