Bitcoin has dropped below $84,000, erasing the post-election rally as traders hedge against further declines. The S&P 500 lost $500 billion in one hour due to Trump’s trade war with the EU. Meanwhile, the House on Tuesday narrowly passed a Republican budget resolution that calls for $4.5 trillion in tax cuts and a $2 trillion reduction in federal spending over a decade, clearing the way for major elements of President Trump’s domestic agenda #siamstr #nostr
Crypto market sentiment has fallen into “extreme fear” as Bitcoin slumped to as low as $86,887, its lowest since mid-November. Broadly, the crypto market has dropped by over 10% over the last day, with some leading coins like Solana, Ripple’s XRP, and Dogecoin nursing much larger losses during the same span. #nostr #siamstr #Siamstr