Bitcoin Holds at $84,000 as Trump Reiterates Pro-Crypto Agenda Amid Market Volatility

Bitcoin's price stabilizes at a critical support level while Trump's administration emphasizes long-term economic strategy and calls for stablecoin legislation.

Bitcoin has pulled back to $84,000, a key support level identified by traders, following a recent 30% decline from its January peak of $109,000.
President Donald Trump reaffirmed his commitment to making the U.S. a global leader in cryptocurrency, urging Congress to pass stablecoin legislation.
Global cryptocurrency market capitalization dropped by 2.27% in the last 24 hours, with Bitcoin's price declining 2.39% as market sentiment shifted back to 'Fear.'
Gold reached new all-time highs, surpassing $3,030, while U.S. equities underperformed compared to European markets, reflecting broader economic uncertainty.
The Trump administration continues its 'detox period' strategy, aiming for lower inflation, improved energy security, and long-term market stability despite short-term challenges.