Bitcoin strikes more than 3 months, adverse gains after the Trump elections

A week in Bitcoin was worsened on Friday, when digital assets reached more than 3 months, which resulted in the reversals that followed the election of US President Donald Trump.

Bitcoin was traded by about 80,500 dollars in early trading in Asia, a decrease of 3.45 % per day and approximately 25 % less than a high increase in mid -December.

Bitcoin had an increase in prices after Trump’s victory in November, when the leader presented himself as a pro -captain candidate during his campaign.

However, prices have declined with investors to avoid assets that are seen as risky due to weakness in global stock markets, and the uncertainty surrounding the policy of tariffs and the new president on major wars such as Russia-Ukraine and Israel Gaza.

The feelings of the investor were also strained by the news that bybit, an exchange of encrypted currencies, suffered a $ 1.5 billion penetration In what is estimated to be the biggest theft of encryption in history.

“It seems that the market has become volatile in response to the Bybit accident,” Jeff Mi, chief operational officer at Crypto Exchange BTSE, said in a statement sent to CNBC, adding that inflation concerns about reducing interest rates in the United States.

However, some cryptocurrencies are still positive in Bitcoin’s look because they are awaiting the main organizational developments from the Trump administration.

Indeed, Trump has signed an executive thing that strengthens the progress of cryptocurrencies in the United States and develops the inventory of national digital assets. Meanwhile, he created his administration Work teams And “and”Caesar encryption“In charge of supporting a clear regulatory framework for encryption principles.

“Bitcoin can be able It exceeds the threshold of $ 200,000 this year.

He said that the increase in the adoption of encryption by institutions, along with some “organizational clarity” in the United States, should lead to less volatility over time.

– Ryan Brown of CNBC contributed to this report