Crypto Market Volatility Rises as Trump Influence Fades

Reported 2 days ago

As the excitement surrounding President Donald Trump's pro-crypto stance dwindles, Bitcoin and smaller digital tokens experience significant declines. Bitcoin plummeted below $95,000, with a broader crypto market losing approximately $200 billion. Speculation fueled by Trump's promises of supportive regulations has led to a volatile trading environment, resulting in mass liquidation of leveraged positions. Despite recent gains, expert analysis indicates a cautious outlook for the crypto ecosystem amid upcoming inflation data.

Source: YAHOO

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