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Bitcoin slips, Trump token plunges over 20% as crypto market cools


A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025. 

Paul Yeung | Bloomberg | Getty Images

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.

This is a breaking news story. Please check back for updates.


FinTech,Markets,Technology,Breaking News: Technology,Donald Trump, Jr.,Bitcoin/USD Coin Metrics,business news
#Bitcoin #slips #Trump #token #plunges #crypto #market #cools

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