Bitcoin Set for First Weekly Drop Since Trump's Election Victory

Reported 1 day ago

Bitcoin is experiencing its first weekly decline since Donald Trump's election win, largely due to a cautious Federal Reserve outlook that has dampened earlier enthusiasm for the cryptocurrency. As of Sunday, Bitcoin has plunged over 7% from its recent peak, with the overall crypto market seeing a drop of about 10%. Analysts suggest that while short-term volatility is expected, a bullish trend may unfold in early 2025.

Source: YAHOO

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