The price of Bitcoin briefly fell below the $60,000 level yesterday, starting today's trading at $61,380, following news of the defunct Mt. Gox exchange beginning to pay its creditors in July.
The largest digital asset remained below the $69,000 level for more than two weeks before the recent decline. I believe that this rise and fall in prices is not new to Bitcoin, as historical price trends show.
As Bitcoin prices continue to fall, in my opinion, optimism for a pro-cryptocurrency government will also continue to spread hope within the cryptocurrency industry. Former President Donald Trump is in 'talks' to officially speak at the Bitcoin conference in July.
Trump recently stated that he 'will end Joe Biden's war on cryptocurrencies' and intends to make the United States the leading country in Bitcoin and innovation.
#bitcoin-price #cryptocurrency-community-reactions #pro-cryptocurrency-government #donald-trumps-influence #bitcoin-conference
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