Bitcoin Hits Lowest Price Since Trump’s Election Amid Crypto Slump

A trader anxiously monitors Bitcoin's plummeting price on multiple screens in a bustling financial office filled with charts and graphs.

Several factors have contributed to this downturn, including tightening monetary policies from central banks around the world. In response to rising inflation, the Federal Reserve has increased interest rates, which tends to reduce liquidity in riskier assets like cryptocurrencies. Additionally, the ongoing debate over regulatory frameworks in major economies has created a climate of uncertainty, … Read more