Sharp drop in Bitcoin after Trump's inauguration! How much is it now?
Following U.S. President Donald Trump's inauguration, Bitcoin drew attention by falling from 109 thousand dollars to 100 thousand 144 dollars. This decline in the cryptocurrency market also negatively affected tokens such as Ethereum and Solana. Trump's own coin lost 21 percent of its value. How much is Bitcoin? Here are the details...
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The executive orders signed by US President Donald Trump did not include regulations regarding cryptocurrencies. Trump did not make any statements about Bitcoin or other cryptocurrencies during his inauguration ceremony.
HOW MUCH IS BITCOIN TODAY?
Bitcoin, which broke a record by exceeding the 109 thousand dollar level before Trump took office, fell to 100 thousand 144 dollars after the inauguration ceremony. As of now, Bitcoin is trading at 102 thousand 522 dollars.
According to the report in Dünya newspaper, the decline in Bitcoin also affected the general cryptocurrency market. Losses were also seen in prominent tokens such as Ethereum and Solana.
TRUMP'S COIN LOST VALUE
On the other hand, Trump's official coin, Trump Official, lost approximately 21 percent of its value following the inauguration ceremony and began trading at 33.3 dollars.
The coin belonging to First Lady Melania Trump experienced a 37.8 percent drop after the ceremony, falling to 3.6 dollars.