Bitcoin Crash News Today : Breaking News, Live Updates & Top Stories | Vimarsana

top of the hour on cnn newsroom, good to be with you, i'm victor blackwell. president biden says that he has a plan to tackle the soaring inflation that's plaguing this country, he says republicans are getting in his way. >> the problem is republicans in congress are doing everything they can to stop my plans to bring down the cost for ordinary families. that's why my plan is not finished, and why the results aren't finished either. jobs are back. prices are still too high. covid is down, but gas prices are up. our work isn't done. >> the president also warned that it's going to take...

The cryptocurrency has shed about 4% in the past two days following a near 16% plunge in April, the worst monthly drop since Sam Bankman-Frieds FTX digital-asset empire imploded in November 2022. The token changed hands at $57,359 as of 11:17 a.m. Thursday in Singapore, around a two-month low.

Well-known hedge fund manager Anthony Scaramucci discussed his views on Bitcoin going forward, why he likes the token and a potential price target during an interview on CNBC. Scaramucci has a long history in the financial sector, starting his career at Goldman Sachs before founding multiple hedge funds and even serving a short stint as the White House communications director. He is a known advocate for Bitcoin (BTC). Don't Miss: Dogecoin millionaires are increasing — investors with $1M+ in DOGE

Editor's note: This article has been corrected to reflect that Arthur Hayes is the co-founder and former CEO of BitMex. 

BitMex founder and CEO Arthur Hayes sees $40,000 as a difficult level for Bitcoin (CRYPTO: BTC) to m