The cryptocurrency market has not responded to the statement by US President Donald Trump about his attitude to digital coins. On Thursday evening, July 11, D. Trump wrote on his Twitter that unregulated crypto assets contribute to the development of illegal activities.
I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity….
— Donald J. Trump (@realDonaldTrump) July 12, 2019
Note that the BTC rate did not have increased volatility on the background of this event, and since yesterday the coin has grown from 11,187 US dollars to the level of 11,698 dollars (the price may differ when you read this news).
Time will tell how Trump’s attitude to cryptocurrencies will affect the development of the digital economy, but, as we see, short-term traders ignored this not very positive news.
We want to remind: