Nearly half a trillion dollars has been wiped off the global cryptocurrency market in just one week led by a sharp fall in Bitcoin. The sell-off comes under U.S. President Donald Trump’s crypto-friendly administration, which has promised to make America a global leader in digital assets. Despite White House backing, policy support, and growing institutional adoption, Bitcoin has failed to act as a safe haven during market stress raising fresh doubts over its image as “digital gold.” With massive liquidations, volatile ETF flows, and weakening investor confidence, this rout is testing Trump’s pro-crypto vision.
#bitcoin #crypto #worldnews #wion
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