Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home ยป Bloomberg: BTC may drop to $ 8,000 due to Trump's negative tweet

    Bloomberg: BTC may drop to $ 8,000 due to Trump's negative tweet

    0
    By BlockchainJournal on July 15, 2019 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The cost of Bitcoin cryptocurrency declined markedly at the weekend, just after Donald Trump posted a tweet on his Twitter blog criticizing BTC and the Libra project cryptocurrency.

    Since Friday, the cost of Bitcoin has fallen by 15%, currently the coin is being traded at around $ 10,300, although before that the rate had dropped to almost $ 10,000. Note that the rate of altcoins also shows a decline. The cost of Ethereum fell by 23%, Litecoin – by 17%.

    It is noteworthy that initially the Bitcoin rate rose by approximately 6.8% after the tweet from Trump appeared. On Thursday, the US president announced that he is not a fan of Bitcoin and other cryptocurrencies, not recognizing them as money. The only powerful currency, in his opinion, is the dollar, and cryptocurrency only contributes to the activity of criminal activity. In addition, Trump did not appreciate the crypto-project Libra, he urged Facebook to get a traditional banking license.

    So, Alfonso Esparza, an analyst from Oanda Corp. (Canada), noted that amid Trump's negative comments, BTC prices continue to decline. It is assumed that the rate may reach $ 8,000, losing positions that were achieved in June.

    Bitcoin Bloomberg BTC ethereum Facebook Featured Libra Litecoin Twitter
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Bitcoin Futures Volume on Binance Explodes with $1.8B, Driving the Market

    October 3, 20253 Mins Read

    Global Crypto Capitalization Surpasses $4.22 Trillion with Bitcoin Nearing $120,000

    October 3, 20252 Mins Read

    JPMorgan Analysis: Bitcoin Could Reach $165k by Competing with Gold

    October 2, 20253 Mins Read

    Telegram Wallet Now Allows Buying Tokenized Stocks on Telegram Following Its New Alliance with Kraken

    October 2, 20252 Mins Read

    Polymarket Prepares for Its Imminent U.S. Launch After Getting the Green Light from the CFTC

    October 2, 20252 Mins Read

    AlloyX and Polygon Partner with Standard Chartered to Launch a New Tokenized Money Market Fund

    October 2, 20252 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.