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Bitcoin continues to spiral as Trump’s crypto advisor David Sacks steps down
Summary by The American Bazaar
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1 Articles
Bitcoin continues to spiral as Trump’s crypto advisor David Sacks steps down
Bitcoin continues its downward spiral, hitting a new low by going below $66,000. The cryptocurrency’s fall occurred amid one of President Donald Trump’s crypto policy advisors, David Sacks, stepping down. Sacks’ departure has left uncertainty and volatility over the extent to which strong crypto support from policymakers will continue or not. Bitcoin is designed with a fixed supply of 21 million coins, making it deflationary and distinct from tr…
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