CandleFocus

What Was the Main Reason for Bitcoin’s Decline? What Do Experts Expect in the Days Ahead?

The cryptocurrency market is experiencing significant selling pressure following the highly anticipated White House crypto summit. Bitcoin, the largest cryptocurrency, fell below $80,000, reaching a level not seen since before the US elections. The market volatility comes after President Donald Trump's executive order to create a strategic bitcoin reserve and digital asset stockpile. Skepticism arose among investors as details of the initiative emerged, with concerns about the plan's implementation keeping investors cautious. Despite the short-term turbulence, experts believe that an improving regulatory environment and deeper integration with traditional finance could strengthen the cryptocurrency sector in the long run.

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