Eric Adams, the newly elected Mayor of New York City, is now using his power to talk publicly about purchasing the latest dip.

In a Thursday interview with CNBC’s Squawk Box, Adams He had yet to receive his first paycheck as New York City’s mayor, but he reiterated that he wanted the city to be a Bitcoin City.BTCThe crypto hub. When co-anchor Andrew Ross Sorkin pointed out that the price of the crypto asset has “come down” — You can dip as low as $43,000 early Thursday — the NYC mayor seemed to be undeterred.