Negative
23Serious
Neutral
Optimistic
Positive
- Total News Sources
- 1
- Left
- 1
- Center
- 0
- Right
- 0
- Unrated
- 0
- Last Updated
- 198 days ago
- Bias Distribution
- 100% Left
Bitcoin Declines Amid Disappointment Post-Trump Inauguration
Following President Donald Trump's inauguration, Bitcoin experienced a notable decline from its record high of $109,350, dropping to approximately $103,264 as investor optimism waned due to the absence of favorable crypto policy announcements. This downturn was mirrored by a general dip in the cryptocurrency market, where tokens associated with Trump and First Lady Melania Trump also saw significant losses, with 'Official Trump' plummeting by 26% and Melania’s meme token halving in value. The initial bullish sentiment around Trump’s presidency, which had propelled Bitcoin above $100,000, quickly diminished, leading to a 5% drop in Bitcoin's price on January 21, 2025. Analysts noted that while some investors had anticipated supportive regulatory measures for cryptocurrencies, the lack of concrete actions resulted in a cooling market sentiment. Experts advised investors to exercise caution and avoid impulsive decisions in this volatile environment, emphasizing the need for informed strategies. The overall atmosphere in the crypto market remains tense as stakeholders await clearer signals from the new administration.

- Total News Sources
- 1
- Left
- 1
- Center
- 0
- Right
- 0
- Unrated
- 0
- Last Updated
- 198 days ago
- Bias Distribution
- 100% Left
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Analyze and predict the
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Negative
23Serious
Neutral
Optimistic
Positive
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