Nobel laureate Paul Krugman says Bitcoin’s meltdown is deeply connected to Trump’s waning power: ‘Think of it as the unraveling of the Trump trade’
It’s no coincidence that Bitcoin’s collapsing price has coincided with signs of President Donald Trump’s diminishing political power, according to Paul Krugman, Nobel Prize–winning economist and professor of economics at the Graduate Center of the City University of New York. Fresh off its all-time high of $126,000 last month, Bitcoin has been in freefall for … Read more
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