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Trump Banning Bitcoin is Feasible But Highly Unlikely, Says Economist

© Reuters.  Trump Banning Bitcoin is Feasible But Highly Unlikely, Says Economist
© Reuters. Trump Banning Bitcoin is Feasible But Highly Unlikely, Says Economist

United States president Donald Trump would cause a (BTC) price crash if he banned it, but the law would likely prevent him, economist and trader Alex Krueger concluded on Twitter July 15.

Trump, who announced his distaste for cryptocurrency in general last week, initially failed to impact market sentiment. A subsequent breakdown over the weekend sent Bitcoin below $10,000.

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Source: investing.com
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