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The cost of bitcoin and other cryptocurrencies fell sharply

The value of bitcoin, Ethereum, Solana, Cardano and Ripple is declining after a meeting in the White House on cryptocurrencies, according to trading data on the Binance platform.

The cost of bitcoin and other cryptocurrencies fell sharply
08.03.2025
Lesezeit: 1 min
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The value of bitcoin, Ethereum, Solana, Cardano and Ripple is declining after a meeting in the White House on cryptocurrencies, according to trading data on the Binance platform.

Thus, the cost of bitcoin fell by 5.21% to $85780, the cost of Ethereum – by 4.55% to $ 2122, the cost of Cardano – by 11.62% to $0.811, the cost of Solana – by 2.64% to $ 141.47, the cost of Ripple – by 9.99% to $ 2.35. US President Donald Trump signed a decree on March 7 on the creation of a strategic cryptocurrency reserve of bitcoins in the United States. Economist David Sachs has been appointed co-chair of the Presidential Science Advisory Committee and is responsible for U.S. policy on artificial intelligence (AI) and cryptocurrencies. The reserve will amount to almost 200,000 bitcoins, Sachs noted in the social network X. The reserve will include government-owned bitcoins and other cryptocurrencies seized in criminal or civil proceedings. Meanwhile, bitcoin can rise in price to $ 700 thousand. If global investment funds begin to invest in cryptocurrency up to 5% of their portfolios, said the head of BlackRock Larry Fink. The price of bitcoin set a record on January 20, rising to $109 thousand.

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