Bitcoin Down 25% From All-Time High as Crypto Rout Worsens Bitcoin hit high on Jan. 20, the day of Trump’s inauguration The decline is part of a widespread selloff in digital assets The rout in Bitcoin worsened during Asian trading hours on Friday, sending the cryptocurrency down more than a quarter from the all-time high it set less than six weeks ago as traders dramatically reversed bets that followed the election of US President Donald Trump. The coin was down 5.5% at $79,627 at 12:05 p.m. in Singapore, after hitting its lowest level since November 10. That was part of a broad rout: Ether, the world’s second-largest cryptocurrency, fell 7.3% while smaller tokens Solana and XRP were down 7.1% and 7.8%, respectively.
bitcoin-down-25-from-all-time-high-as-crypto-rout-worsens-bitcoin-hit-high-on-jan-20-the-day-of-trumps-inauguration-the-decline-is-part-of-a-widespread-selloff-in-digital-assets-the-rout-in

Bitcoin Down 25% From All-Time High as Crypto Rout Worsens
Bitcoin hit high on Jan. 20, the day of Trump’s inauguration The decline is part of a widespread selloff in digital assets

The rout in Bitcoin worsened during Asian trading hours on Friday, sending the cryptocurrency down more than a quarter from the all-time high it set less than six weeks ago as traders dramatically reversed bets that followed the election of US President Donald Trump.

The coin was down 5.5% at $79,627 at 12:05 p.m. in Singapore, after hitting its lowest level since November 10. That was part of a broad rout: Ether, the world’s second-largest cryptocurrency, fell 7.3% while smaller tokens Solana and XRP were down 7.1% and 7.8%, respectively.