Bitcoin Has Dumped All of Its Gains Since Trump Was Reelected—And Then Some

BTC

BTC/USDT

$84,289.93

+0.06%

$84,289.93

+0.06%

(24s)

24h Volume

$21,439,057,820.42

24h H/L

$84,942.45 / $82,874.93

Change: $2,067.52 (2.49%)

Long/Short

57.4%

Long: 57.4%Short: 42.6%

Funding Rate

+0.0021%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,264.00

▼ -0.17%

Volume (24h): -

Resistance Levels

Resistance 3$94,549.91

Resistance 2$86,763.46

Resistance 1$84,366.01

Price$84,264.00

Support 1$83,209.30

Support 2$77,001.87

Support 3$75,259.66

Pivot (PP):$84,075.87

Trend:Uptrend

RSI (14):64.9

Decrypt Editorial

(03:59 PM UTC)

1 min read

Bitcoin is now trading below its 2024 Election Day mark as it continues its slide this week.
The top crypto asset briefly traded below $60,000 for the first time since 2024, and is now nearly 52% off its all-time high.
Trump said recently that he'll "never let crypto down," but his markets influence appears to have waned.

Demand for Bitcoin in the wake of the 2024 reelection of…