Trump Cracks Down On Bitcoin And The Market Crashes - Trader's Club
On Tuesday, June 8, a decline was experienced in the Crypto market. The attack of the former president of the United States, Donald Trump, towards Bitcoin caused it.
The former president considers that the pioneering virtual currency "is a scam against the dollar."
Trump spoke out against the asset in statements given to Fox Business. As part of the interview, the tycoon indicated that he wants the dollar to become the world's currency.
The former president's statements come just after the news was known that El Salvador would accept the legal course of the pioneer Cryptocurrency.
Since the first days of May, Bitcoin has fallen into a downward spiral, unable to regain its power until now.
The decline of Bitcoin is attributed to the prohibition of carrying out transactions or providing services related to the Crypto market, which China imposed on banks and companies in general.
In addition to that, the CEO of Tesla announced that he would stop accepting the currency as a payment method.
In the early hours of Tuesday, June 8, Bitcoin fell sharply to $ 32,400. This figure means the lowest in a closing of the day, since last January.
Other coins in the Crypto market also fell, Ethereum and Cardano among them.
Last Monday, the United States Department of Justice reported that they have seized 63.7 bitcoins, which translates to approximately $ 2.3 million, paid on May 8 to Darkside.
