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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

$61,946.00

-1.02%

$61,946.00

-1.02%

(24s)

24h Volume

$13,236,186,713.10

24h H/L

$63,999.00 / $61,928.00

Change: $2,071.00 (3.34%)

Long/Short

63.1%

Long: 63.1%Short: 36.9%

Funding Rate

+0.0054%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,877.91

▼ -1.21%

Volume (24h): -

Resistance Levels

Resistance 3$67,369.22

Resistance 2$65,623.89

Resistance 1$63,672.31

Price$62,877.91

Support 1$62,451.30

Support 2$60,720.07

Support 3$57,800.19

Pivot (PP):$63,142.92

Trend:Downtrend

RSI (14):48.7

Decrypt Editorial

(03:59 PM UTC)

1 min read

Reviewed byEmily Watson

1124 views

0 comments

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Decrypt Editorial · Decrypt

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