00:04 Speaker A
Bitcoin is extending its bounce from yesterday and hit a two-week high earlier.
00:08 Speaker A
At one point, it was trading just below $94,000.
00:13 Speaker A
Crypto investors are looking for signs that the wider crypto market may be regaining its footing after a prolonged sell-off.
00:20 Speaker A
Remember, since Bitcoin hit that high of over 126,000 in October, more than $1 trillion has been wiped off the value of the crypto market.
00:28 Speaker A
And the president and his family have not been sheltered from the sell-off.
00:32 Speaker A
Shares in American Bitcoin, the miner backed by Donald Trump Jr. and Eric Trump, lost almost two-fifths of their value on Tuesday.
00:41 Speaker A
And according to Bloomberg, World Liberty Financial co-founded by the president and his sons has seen its WLFI token tumble over 50% from its peak in September.
