Trump, Bitcoin
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Bitcoin is deep in a bear market, down about 37% from its October peak. January 30 marked the 10th largest liquidation event in the token's history.
Trump-backed cryptocurrency project World Liberty Financial has offloaded $5 million in Bitcoin as the coin's price crash to 2021 levels
President Donald Trump reacted after U.S. stocks surged Friday, pushing the Dow past 50,000 as technology shares powered a market rebound.
Bitcoin dropped to its lowest since Donald Trump retook the White House a little more than a year ago, erasing the gains registered by the bellwether digital asset since the election victory of the crypto-friendly US president.
American Bitcoin’s reserve growth places it ahead of GameStop and Nakamoto Inc. among corporate bitcoin holders.
American Bitcoin, a Trump-family-backed miner, has grown its bitcoin holdings to about 5,843 BTC, making it one of the largest corporate holders.
On February 5, Bitcoin's price dropped to $69,231.67, marking a 15-month low. The cryptocurrency has lost over 44% since its peak in October 2021.
The Mirror US on MSN
Crypto panic as Bitcoin value plummets almost 50% in just four months to post-Trump re-election low
Bitcoin has fallen 11% this week to $67,000, now trading lower than its price at the time of Donald Trump's re-election in November 2024