Crypto market is falling due to decisions of trump and weak economic signals, bitcoin drops to less than usd 80,000, eater crarases more than 9 percent

Crypto market has fallen for the last few weeks. This is behind the strict decisions and macro economic conditions of the new government led by Donald Trump in the US. The biggest cryptocurrency Bitcoin in terms of market value began on Trump’s winning elections in November last year, but its price has decreased after Trump’s President took over.

International Crypto Exchange after this report is published Binance But the price of bitcoin declined by about 7.60 percent to about $ 79,440. The second largest cryptocurrency Ether had a loss of about 9.60 percent. The price of Ether was at around $ 2,126. Another falling cryptocurrency included solana, polkadot, ripple, chainlink, steellar, XRP, Cardano and BNB. In the last one day, Crypto’s market capitalization declined by about 5.60 percent to about $ 2.64 million.

Market analysts say that the decisions related to the tariff of Trump have had a major impact on the Crypto Market. There has been a major decline in the Ether. Its price has gone to a one -year low. Bitcoin will have to monitor technical levels and economic signals for the next movement. Last week, the hacker has stolen about $ 1.5 billion cryptocurrency by breaking into the system of Bybit included in large crypto exchanges. It has also affected the crypto market.

It is being described as the biggest theft of cryptocurrency. Ether has been stolen in bybit hacking. This has broken the price of the Ether. Bybit’s Chief Executive Officer, Ben Zhou had reported that the hacker had controlled one of the offline Etreum Wallets of the exchange. However, the total damage to the exchange in this hacking has not been detected. Bybit may cause a loss of about $ 1.5 billion. The hacker has started selling stolen cryptocurrency. This cryptocurrency is being sold on a new address. Recently, this Crypto Exchange in Dubai had said that it has paid a fine of more than nine crore rupees in India. The Financial Intelligence Unit (FIU) imposed the fine on bybit for not following the rules.