"Bitcoin" is 25% drop from the highest level

On Thursday, the Betcoin currency losses were exacerbated by 25%, with their highest level, which they recorded less than six weeks ago, with traders as opposed to the bets following the election of US President Donald Trump. The cryptocurrency fell 2.8% at 9:39 pm in Singapore to $ 81919.70, after reaching the lowest level since November 11. This step was part of a widespread decrease in the encrypted currencies, as the Ethereum, Solana and XRP currencies have also flashed in recent days. The changing change of encrypted assets confirms the intense sale of the rapid change in the chances of encrypted assets that flourished after Trump’s victory in the election. The cryptocurrency reached its highest level on January 20 at 109241 dollars, the day of Trump inauguration, but it has since decreased amid concerns about the position of the hostile president and the broader concerns about the US economy. Crossed currencies were also under pressure from the broader shift in the appetite of risk among investors, which withdrew the Trump trade in different markets. The S & B500 has decreased this week after lukewarm US consumer confidence has raised questions about economic expectations.