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Bitcoin retreats as investors await word from Trump

Bangkok Post LogoBangkok Post15h ago

Bitcoin retreats as investors await word from Trump - Bangkok Post

Quick Summary:

SINGAPORE - Bitcoin and other cryptocurrencies — including the newly minted token bearing Donald Trump’s name — retreated on Tuesday, after the US president’s first flurry of policy announcements made no reference to the asset class.

The Trump-branded meme coin, launched on Friday night, was last trading at $34.40, according to the cryptocurrency price tracker CoinGecko.

Meanwhile, Trump’s launch of the $TRUMP and $MELANIA tokens, the latter named for his wife, shortly before his inauguration creates new conflict-of-interest concerns, ethics experts and industry insiders said.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-21 @ 16:00:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 620 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 25314571

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About Bangkok Post

Bangkok Post Logo

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 15 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 2 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

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