Source: CNBC
“Bitcoin and other cryptocurrencies sank on Tuesday, as bullish investor sentiment surrounding cryptocurrencies cooled after President Donald Trump’s inauguration. TRUMP, a token launched last week that represents the new U.S. leader, plunged as much as 22% in 24 hours, according to CoinGecko data. Meanwhile, a meme token released Sunday by first lady Melania Trump, crashed 58% in a day. Bitcoin sank about 5% to $102,589, while ether and XRP were down 3% and 5%, respectively.” (01/21/25)