Trump's Fall Impacts Bitcoin's Rise

Nobel economist Paul Krugman links Bitcoins price decline to Trumps waning influence. Krugman argues that Trumps pro-crypto stance and industry support boosted Bitcoins value, but his diminishing political power is now causing a downturn. Bitcoins recent volatility, including a record nineteen billion dollars in liquidations, supports Krugmans theory. Despite some optimism, Krugman remains skeptical of Bitcoins practical use cases.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.