Bitcoin tumbled below $80,000 on Friday for the first time since November, as concerns of a “full-blown bear market” in cryptocurrencies intensified.
Bitcoin Surges 2.5% After Trump Signs Cryptocurrency Executive Order
The price of Bitcoin soared by 2.5% on Friday following US President Donald Trump’s signing of an executive order targeting cryptocurrency markets.
Biden’s restriction on US investments in Chinese technology triggers a decline in Asian stock markets.
Joe Biden has declared a prohibition on US investments into critical high-tech sectors in China, a decision Beijing has labelled as “anti-globalization.”