Crypto Crash: A Game-Changing White House Executive Order As Price Of Bitcoin And Ethereum Collapse

Source: Forbes.com
Title: Crypto Crash: Market Now Braced For A Game-Changing White House Executive Order As Price Of Bitcoin And Ethereum Collapse
URL: https://www.forbes.com/sites/billybam...

The bitcoin price dropped under $33,000 per bitcoin this week, down more than 50% from its November peak. Ethereum, the second-largest cryptocurrency by value, has crashed to $2,300 per ether, down from almost $5,000 late last year (amid serious ethereum price warnings).

Now, reports have emerged the White House is gearing up to issue a cryptocurrency executive order—with president Joe Biden reportedly set to ask federal agencies to determine crypto risks and opportunities.