Bitcoin broke through the 61.8% retracement of Sunday's surge higher and is now only $2500 above when Trump tweeted about a strategic reserve including bitcoin and at least 4 other cryptos.
It's a disappointing outcome but I highlighted that Trump's tweet had no money behind it, nor any details.
Those questions are likely weighing.
Some of the thinner-traded cryptos mentioned by Trump -- Cardano, Solana and Ripple -- are holding up better but also at the lowest since Trump touted the reserve.
This article was written by Adam Button at www.forexlive.com. Read More Details
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