Bitcoin’s Market Cap Drops by 25% Since Trump’s Second Inauguration, Now at $2.709 Trillion

As reported by COINOTAG News on March 11th, data from CoinGecko reveals a significant shift in the cryptocurrency landscape since the inauguration of Donald Trump. On January 20th, the total cryptocurrency market capitalization stood at an impressive $3.621 trillion. However, the market has since experienced a notable contraction, currently reflecting a valuation of $2.709 trillion. This represents a staggering decline of approximately $912 billion, equating to a decrease of around 25.18% since Trump’s ascent to office. The decline highlights the volatility intrinsic to the crypto market, prompting investors to reassess their strategies amid fluctuating regulatory environments and market sentiments.