(Telestock) – Croptovalute on the rollercoasterThe day opened with a market rally, after in Trump increasingly aggressive and resolute in the election campaign he returned to the topic of cryptocurrencies, making the Bitcoin at $70,000 thanks to his comments in favor of this market. Then the collapse, which occurred in the afternoonfollowing the news that spoke of a US government market intervention which holds a $2 billion position of Bitcoin.
Bitcoin, which the tycoon explicitly mentioned, jumped above $70,000 in the morning, then corrected to $67,000, down 1% from the previous close and 2.5% from the highs reached today. Compound movements also among other cryptocurrencies, with Ethereum gaining 1.18% and Solana 0.80%.
TrumpRepublican candidate for the 2024 US Presidential Elections, speaking yesterday at an industry event, had defined the virtual currency a “revolution like steel was 100 years ago” and had assured “with me he will go to the moon”.
“As president I will order the government to buy four million Bitcoins“, the tycoon had promised as a candidate for the White House, even if in 2021 had shown a much more skeptical attitude, defining the Bitcoin a “scam”.
A US Government open market interventionwhich would have moved $2 Billion in Bitcoin Seized on the Silk Road portal site, intercepted in the afternoon by operators in the blockchain sector, has caused a price collapse of Bitcoin, raising concerns among investors. Data released by Arkham Intelligence reportedly showed a wallet labeled “US Government: Silk Road DOJ” transferring 29,800 Bitcoin to an unnamed address with no history, which then forwarded two blocks of 19,800 Bitcoin and 10,000 Bitcoin to two different addresses.