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Bitcoin plunge deepens, erasing gains since Trump’s election
Bitcoin fell further, erasing post election gains amid risk aversion, policy uncertainty, and weak crypto inflows.
Bitcoin prices continued to slide, wiping out gains made since Donald Trump’s election victory. The decline reflects risk aversion across global markets, tighter liquidity conditions, and profit booking after a strong rally. Analysts said uncertainty around US monetary policy, regulatory outlook, and weakening crypto inflows weighed on sentiment. Volatility remains elevated, with investors cautious amid broader selloffs in technology and risk assets globally.