Bitcoin remains stable at ,000, despite Trump’s latest big statements

Bitcoin remains stable at $90,000, despite Trump’s latest big statements

Trump commented on interest rates for next year and new strikes against Venezuela.

The price of Bitcoin fell by several thousand dollars on Friday afternoon, but managed to find some relief at $90,000 and has remained there ever since, even though the US president made some important statements.

The first concerned key interest rates in the country, which were often tied to the price of BTC, as any development on that front moves the cryptocurrency in either direction. The POTUS suggested that rates could be at 1% or even lower next year, which would represent a significant reduction from the 3.50% to 3.75%.

Later Donald Trump warned that the US would begin land strikes against drug operations in Latin America, and especially in Venezuela. Nevertheless, he noted that the Maduro-led country is not the only alleged perpetrator, adding that “people who bring drugs into our country are targets.”

“We’ve eliminated 96% of the drugs that come in by water, and now we’re starting by land, and by land is a lot easier, and that’s going to happen,” Trump said before reporters on Friday.

His latest comments came after the US initiated numerous attacks on what he called drug smuggling boats in international waters off the coast of South America.

The US has reportedly killed more than 80 people in its attacks in the region, and recently seized an oil tanker near Venezuela.

Despite both of these major statements from Trump, the price of BTC remains relatively stable at just over $90,000. Generally, hints about rate cuts tend to pump up assets, while military strikes do the opposite, but the cryptocurrency remains calm, at least for now.

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BTCUSD December 13. Source: TradingView
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