Reported about 17 hours ago
Bitcoin has dropped to its lowest point since November, trading around $92,500. This decline follows a significant surge after Donald Trump's election win, which pushed Bitcoin above $100,000. As Trump prepares to take office, speculation about his pro-crypto policies has not alleviated concerns about potential volatility in the crypto market. Recent US economic data has fueled inflation worries, prompting investors to withdraw over $580 million from Bitcoin ETFs, contributing to the cryptocurrency's continued downturn.
Source: YAHOO