Major Cryptocurrencies See Sharp Declines Since Trump Took Office

Bitcoin fell 18%, Ethereum dropped 10%, and several altcoins lost over 70%, highlighting significant market downturn amid Trump administration period.

BTC

ETH

87d ago

Summary

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Terms & Concepts

Altcoin: Any cryptocurrency other than Bitcoin, often with different use cases or technologies.
Market downturn: A prolonged decline in asset prices, indicating negative market sentiment.
Percentage drop: A measure of how much an asset’s price has decreased relative to its original value, expressed in percent.