news 
Title: Bitcoin Price Drop Caused by Profit-Taking and Macroeconomic Conditions
CNBC recently spoke with Tom Lee, co-founder of Fundstrat Global Advisors, about the unexpected decline in Bitcoin’s value. In an interview, he attributed the market downturn to the uncertainty surrounding President-elect Trump’s policies on cryptocurrency.
Lee explained that while some investors are optimistic about the potential benefits of a pro-crypto administration, the current situation creates uncertainty and causes profit-taking.
Source: coinjournal.net
