Odaily News QCP Capital posted on its official Telegram channel that this week the market violently reversed the positive gains that Trump brought to the cryptocurrency market, with BTC prices falling from a high of 70,000 after the speech to nearly 60,000 this morning. The reasons for the decline include selling pressure from the US government (about 28,000 BTC), Mt.Gox (33,960 BTC), and Genesis (BTC and ETH worth $1.5 billion); the difficulty of Bitcoin mining was raised to a record high, and people's expectations of a recession increased. Judging from the options market data, price fluctuations are expected to stabilize in the summer.