Trump's crypto support coincided with price drops

Cryptocurrency prices, including Bitcoin, experienced a significant decline after reaching record highs during the period when the American President Donald Trump supported the sector, which was backed by the government and received favorable regulatory measures. However, Bitcoin's price has now fallen below $60,000, a drop of more than 50% compared to its peak last October. This decline reflects market volatility and weak demand, despite some companies and investors continuing to support the sector with high returns.

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