Cryptocurrency Price Stabilization
Cryptocurrency prices, including Bitcoin, Ethereum, and Ripple, stabilized on Wednesday after experiencing significant crashes in the previous day.
The recent crash saw double-digit drops in values, but the market showed signs of recovery.
Impact of Trump’s Budget
These cryptocurrencies might find support following the House of Representatives’ approval of the Trump budget, which includes over $4.5 trillion in tax cuts.
- Bitcoin (BTC): The price remained steady at $89,000.
- Ethereum (ETH): The price was stable at $2,490.
- Ripple (XRP): The price held at $2.3.
With the budget’s passage, questions arise about whether it will drive cryptocurrencies like Bitcoin, Ethereum, and Ripple to higher levels.
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