Why is Bitcoin declining? Economist Paul Krugman attributes it to Trump

According to Krugman, Bitcoin’s performance correlates with President Trump’s popularity. As Trump’s polling drops, the optimism surrounding Bitcoin wanes, marking a significant shift in market sentiment.

Experts suggest that Bitcoin may be entering a bearish phase, following a decline from a peak value of 126,080 USD. Future trends appear uncertain as traders navigate these market fluctuations.

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