Bitcoin Approaching First Weekly Decline Since Trump’s Victory Digital asset fell as central bank pared rate-cut projections FalconX says looming options expiries may spur more volatility Bitcoin was down more than 7% for the seven-day period through 2:50 p.m. Sunday in New York. Photographer: Justin Chin/Bloomberg Bitcoin is headed toward its first weekly decline since Donald Trump’s victory in last month’s US election as a cautious Federal Reserve policy outlook tempers optimism sparked by the president-elect’s embrace of the crypto sector. The largest digital asset was down more than 7% for the seven-day period through 2:50 p.m. Sunday in New York, the biggest such drop since September. A wider crypto market gauge, encompassing smaller tokens such as Ether and meme-crowd favorite Dogecoin, suffered a sharper decline of about 10%.
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Bitcoin Approaching First Weekly Decline Since Trump’s Victory

Digital asset fell as central bank pared rate-cut projections FalconX says looming options expiries may spur more volatility

Bitcoin was down more than 7% for the seven-day period through 2:50 p.m. Sunday in New York.
Photographer: Justin Chin/Bloomberg
Bitcoin is headed toward its first weekly decline since Donald Trump’s victory in last month’s US election as a cautious Federal Reserve policy outlook tempers optimism sparked by the president-elect’s embrace of the crypto sector.

The largest digital asset was down more than 7% for the seven-day period through 2:50 p.m. Sunday in New York, the biggest such drop since September. A wider crypto market gauge, encompassing smaller tokens such as Ether and meme-crowd favorite Dogecoin, suffered a sharper decline of about 10%.