What's Hot

    Chinese tax authorities step up pressure on private crypto investors

    26.01.2023

    Tether will look for crypto transactions that pay for child pornography

    26.01.2023

    On-chain activity in the Optimism network collapsed after the end of the NFT bonus program

    26.01.2023
    Facebook Twitter Instagram
    Friday, January 27
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Bitcoin»New York Mayor: Bitcoin Price Falls
    313864eb1aabed7826e92ff3f9a73c3410a2c417
    Bitcoin

    New York Mayor: Bitcoin Price Falls

    AdministratorBy Administrator07.01.2022No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Reading time: ~ 2 m


    On January 6, Bitcoin (BTC), which has traded in the $ 45,000 to $ 52,000 range since early December, dropped to $ 42,700.

    In the Squawk Box on CNBC, New York Mayor Eric Adams described the price action of bitcoin and the recent fall in the price of the flagship digital asset and the entire crypto market.

    Before Adams took over as mayor, he announced that his first three salaries would be paid in bitcoins. At the moment, he has not revised his decision in any way:

    Sometimes the best time to buy is when the move is down, but when the up move resumes, you will make a good profit.

    “Sometimes the best time to buy is when things go down,” says @NYCMayor on #bitcoin. “I’m going to take my first three paychecks in #bitcoin. I haven’t received my first check yet.” pic.twitter.com/dqGkVYxOKg

    — Squawk Box (@SquawkCNBC) January 6, 2022

    Yes, I’m going to get my first three bitcoin salaries. I haven’t received the first payment yet, but I think we need to use blockchain technology, bitcoin and all other forms of technology. I want New York to be the center of these technologies, Adams added.

    It is believed that the collapse in the price of bitcoin occurred after the publication of the minutes of the December meeting of the US Federal Reserve System (FRS). After launching a record-breaking asset purchase program in 2020, when the coronavirus pandemic broke out around the world, the government announced in 2022 that it would gradually cut injections by $ 8.3 trillion.

    After that, within 15 minutes, up to $ 110 million in bitcoin longs was liquidated, and in 30 minutes – more than $ 315 million in perpetual futures. In general, more than $ 812 million worth of crypto futures were liquidated, as a result of which cryptocurrency trading experts do not undertake to make predictions about what will happen to a digital asset in the future.






    #York #Mayor #Bitcoin #Price #Falls

    Bitcoin Falls Mayor Price York
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    AI Calls Bitcoin a Tool to Destroy Central Banks

    26.01.2023

    Anthony Scaramucci Predicts Bitcoin’s “Renaissance” in 2023

    26.01.2023

    Crypto Analyst Expects Bitcoin to Rise Above $30,000 in February

    26.01.2023

    The price of bitcoin is growing due to the growth of activity of institutional investors

    26.01.2023
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts
    • Chinese tax authorities step up pressure on private crypto investors
    • Tether will look for crypto transactions that pay for child pornography
    • On-chain activity in the Optimism network collapsed after the end of the NFT bonus program
    • Shiba Inu Network Transferred 3 Trillion SHIB Tokens Worth $38 Million
    • AI Calls Bitcoin a Tool to Destroy Central Banks
    Recent Comments
    • 수원출장 on A professor from a US university restored the Tornado Cash code to GitHub
    • 123 on Taproot support added to LND Lightning client
    • houston junk car buyer on 16,000% increase in social media mentions in 2021 Shiba inu
    • Jim Carrey Memy on Bitwise Launches NFT Tracking Index Fund
    • hotshot bald cop on Kava developers launch testnet with EVM support
    Archives
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    Categories
    • Altcoins
    • Analytics
    • Bitcoin
    • Blockchain
    • Ethereum
    • ICO
    • Mining
    • Other
    • Regulators
    • Security
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Telegram
    • Home
    • Bitcoin
    • Ethereum
    • ICO
    © 2023 Bt-Crow.com - CryptoNews

    Type above and press Enter to search. Press Esc to cancel.