Bitcoin drops below $40,000, almost wiping out gains from Biden’s crypto executive order
$Bitcoin(BTC.CC$ and other cryptocurrencies fell on Thursday as some of the initial excitement around U.S. President Joe Biden’s executive order on digital assets faded.
Some high-profile cryptocurrency industry players praised the president’s executive order, while others called the move “defensive.”
Some high-profile cryptocurrency industry players praised the president’s executive order, while others called the move “defensive.”
![Bitcoin drops below $40,000, almost wiping out gains from Biden’s crypto executive order](https://ussnsimg.moomoo.com/1646982088485-70042973-android-org.png/bigmoo)
But not everyone was convinced.
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xuan__ : $Merck & Co (MRK.US)$