07:19 AM EDT, 09/11/2024 (MT Newswires) -- The price of bitcoin (BTC-USD) fell about 2.5% early Wednesday to below $57,000 after former President Donald Trump appeared on the defensive in his first debate with Vice President Kamala Harris.

Trump has spoken out in favor of digital assets, which are under scrutiny by US regulators.

Harris was often on the offense during Tuesday's debate, which was followed by an endorsement for her candidacy by pop megastar Taylor Swift.