Donald Trumps honeymoon with the cryptocurrency industry may be over.
Thats becausecrypto priceslike a lot of stocksarent doing wellat the moment.
Prominent exchange Coinbase sank 17 percent.
© Spencer Platt/Getty Images
Numerous other crypto-related businesses have all seen similarly apocalyptic slides.
Indeed, the crypto market is undergoing what observers have been calling a perfect storm.
His campaign website has also made crypto contributions possible via aportalthat includes integrations with Coinbase and Gemini.
Like a rookie trader, Trump appears to have gotten into the market at the exact wrong time.
Nice job, sir.
Critics claim that Fed chair Jerome Powells refusal to cut interest rateshas increasingly endangered the economy.
It should be noted that it wasTrump who nominated Powellto his current role, not Biden.
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