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Eric Adams’ NYC Token Crashes 80% Amid Controversy

TL;DR:
The post Eric Adams’ NYC Token Crashes 80% Amid Controversy appeared first on Coinpedia Fintech News Ex-New York City Mayor Eric Adams, known as the pro-crypto “Bitcoin Mayor,” launched the $NYC token on January 12, 2026, in Times Square via X. He pledged 70 percent of the token supply to a reserve...
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence BTC price action and market sentiment in the near term.