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Bitcoin drops to lowest price since Trump’s election victory
Bitcoin dropped to its lowest since US President Donald Trump retook the White House a little more than a year ago, erasing the gains registered by the bellwether digital asset since the election victory of the crypto-friendly US president. The largest cryptocurrency extended its almost four-month slide, falling below US$74,424.95, the lowest price of 2025. That level was seen on Apr 7 after Trump’s initial tariff plan upended financial markets worldwide. “A lot of the traders were trying to buy the dip, betting on a rebound above US$80,000,” said Bohan Jiang, senior derivatives trader at FalconX. “As Bitcoin ... (full story)
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