Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12450
Markets: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12450
Cryptocurrencies
55.82%
Bitcoin Share
crypto.news 2025-01-27 02:30:03

Bitcoin plummets below $102,000: Crypto market faces test of resilience

Bitcoin plummets below $102,000: Crypto market faces test of resilience

Bitcoin’s trajectory is rarely a smooth one, and its latest tumble is in stark contrast to what investors and traders expected on the heels of President Donald Trump’s inauguration. At last check, Bitcoin (BTC) traded at just above $101,000 Sunday night — down 3%. The Trump Factor Bitcoin enthusiasts were optimistic as Trump began his second term as president, anticipating a wave of pro-crypto policies. Yet, the inauguration speech lacked any nod to digital assets, and the market took notice. Investors who had bet on a crypto-friendly administration were left disappointed, prompting a wave of sell-offs. Adding fuel to the fire, a pair of meme coins tied to the Trump brand — dubbed Official Trump ( TRUMP ) and “Melania” — entered the market with a burst of enthusiasm, only to crash spectacularly. The Trump token halved in value just days after its debut, while the Melania coin fared even worse, losing 74% of its worth. These flashy but short-lived ventures added instability to an already jittery market. You might also like: Holdcoin rockets 3,000% plus: Mochi and Toshi maintain momentum as ‘altseason’ kicks off Economic Crosswinds Meanwhile, robust economic data from the U.S. played a dual role. While the strong performance of traditional markets offered reassurance to some investors, it also diverted capital away from riskier assets like cryptocurrencies. The interplay of these macroeconomic forces further compounded Bitcoin’s struggles. Glimmers of hope Despite the turbulence, Bitcoin still holds significant value, trading above $100,000—a level many would have deemed improbable just a few years ago. In the long term, optimism remains. Larry Fink, CEO of BlackRock, and other crypto bulls and firms that offer exchange-traded funds (ETFs) envision a monumental surge. Fink predicted Bitcoin could soar to $700,000 as institutional investors deepen their foray into crypto. What’s Next? For now, the crypto market faces a crucial test of resilience. While Bitcoin’s downturn has shaken confidence, the broader community remains steadfast, seeing these fluctuations as par for the course. At press time, Bitcoin is valued at approximately $101,477. See below. Source: CoinGecko Read more: Cardano price could fall to $0.20 next month if this happens as Remittix trends

Most Read News



Cryptohopper
Market Cap
24h Vol
55.82%
Bitcoin Share
435
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.