Altcoin Daily

Donald Trump CRASHES Bitcoin Price! | Gives WARNING to US Cryptocurrency Investors in June 2021

In June 2021, President Donald Trump issued a strong warning to US cryptocurrency investors.

In a statement released on Twitter, Trump warned that investors should be wary of digital assets, saying that they are highly volatile and can crash in value. Trump also warned that these digital assets can “facilitate unlawful behavior, including drug trade and other illegal activity.”

Trump’s statement caused a sharp drop in the price of Bitcoin, the world’s largest digital currency. Within minutes of the statement’s release, the price of Bitcoin plummeted from around $36,000 to just under $30,000.

Trump’s warning is the latest in a series of similar statements from US government officials. The Treasury Department has also issued warnings about the potential risks of digital assets, and the SEC has been cracking down on exchanges and other entities that facilitate the trading of digital assets.

It is clear that regulators are taking a harder stance on cryptocurrency, and investors should be aware of the potential risks associated with investing in digital assets.

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