Bitcoin WARNING – Donald Trump is taking aim at cryptocurrency… again | City & Business …

What no one saw coming was a Donald Trump-shaped bump in the road. So when the US president waded in with his two penneth – branding bitcoin as being based on “nothing but thin air” – it stopped the advance in its tracks. There then followed a series of outbursts from senior financial figures in the US, coupled with a string of scandals that did little to curb the unease of anyone with trust issues over cryptocurrency.

Bitcoin – still the most dominant crypto by some considerable margin – slipped from its lofty perch and began to fall down the branches of $12,000 and $11,000 before crumpling in a heap at $10,000 where it currently crouches in what many see as a safe place.

Don’t hold your breath, though.

Donald Trump has the bit between his teeth now and is sending in some more heavies to kick BTC while it’s down.

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