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via Decrypt · By Decrypt Editorial

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

BTC

BTC/USDT

$72,626.62
+5.12%
24h Volume

$35,266,698,848.49

24h H/L

$73,110.70 / $68,902.22

Change: $4,208.48 (6.11%)

Long/Short
51.3%
Long: 51.3%Short: 48.7%
Funding Rate

-0.0003%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$72,714.00

4.87%

Volume (24h): -

Resistance Levels
Resistance 3$78,568.57
Resistance 2$76,859.07
Resistance 1$73,670.99
Price$72,714.00
Support 1$72,666.77
Support 2$70,580.26
Support 3$67,062.90
Pivot (PP):$67,833.60
Trend:Uptrend
RSI (14):79.9
DE
Decrypt Editorial
(03:59 PM UTC)
1 min read
EW
Reviewed byEmily Watson

In brief

  • 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…

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Source

Decrypt Editorial · Decrypt

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