Concerns on Trump’s Decisions Push Bitcoin Up Again – Exceeds $88,000

New York: On April 22, the price of Bitcoin increased on cryptocurrency exchanges, APA-Economics reports. Amid news from the United States, the price of the world's most expensive cryptocurrency surpassed 88 thousand dollars. This is occurring amid concerns about the weakening of the dollar and Donald Trump's attempts to remove Jerome Powell, the head of the Federal Reserve System (FED). Specifically, on the CoinMarketCap platform, Bitcoin has risen by 1% in the last 24 hours, reaching 88,300 USD.

According to Azeri-Press News Agency, the top five cryptocurrencies, including Ethereum, Tether, XRP, and BNB, have shown relative price declines in the last 24 hours. It is worth noting that the highest price of Bitcoin was recorded on December 16 of last year, surpassing 108 thousand dollars.

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