Trump Media Enters Crypto Market with $65K-Beating Bitcoin Acquisition
Bitcoin's price has dropped below $65K as a major player enters the crypto market.
Trump Media, the media company founded by former US President Donald Trump, has acquired a significant amount of Bitcoin and other digital assets. The exact figures are not disclosed in the announcement, but it is reported that they have purchased 4.6 units of the cryptocurrency.
The news sent shockwaves through the market, causing a decline in Bitcoin's price to below $65K. This development has sparked interest among investors and analysts alike, who are trying to understand the implications of Trump Media's entry into the crypto space.