{"id":1235242,"date":"2025-02-26T14:54:04","date_gmt":"2025-02-26T19:54:04","guid":{"rendered":"https:\/\/www.prime-wow.com\/?p=1235242"},"modified":"2025-02-26T14:54:04","modified_gmt":"2025-02-26T19:54:04","slug":"bitcoin-plunges-as-crypto-fans-didnt-get-everything-they-wanted-from-trump","status":"publish","type":"post","link":"https:\/\/www.prime-wow.com\/?p=1235242","title":{"rendered":"Bitcoin plunges as crypto fans didn\u2019t get everything they wanted from Trump"},"content":{"rendered":"<div>\n<p>The <a href=\"https:\/\/finance.yahoo.com\/quote\/BTC-USD\/history\/\">price of bitcoin<\/a> hit a record high of $109,114.88 during intraday trading on January 20, the day of President Trump&#8217;s inauguration, but has plummeted since and went as low as $83,741.94 during today&#8217;s trading.<\/p>\n<p>That&#8217;s a 23.3 percent drop from the intraday record to today&#8217;s low, though it was back over $84,000 as of this writing. Bitcoin had been above $100,000 as recently as February 7, and was over $96,000 on Monday this week.<\/p>\n<p>Bitcoin&#8217;s drop is part of a wider rout in which over $800 billion of nominal value &#8220;has been wiped off global cryptocurrency markets in recent weeks, as the enthusiasm that swept the crypto industry after Donald Trump&#8217;s election victory last year ebbs away,&#8221; the Financial Times <a href=\"https:\/\/www.ft.com\/content\/c5a58f35-1c10-4a2f-90f0-65e8b27427ce\">wrote today<\/a>.<\/p>\n<p><a href=\"https:\/\/arstechnica.com\/tech-policy\/2025\/02\/bitcoin-plunges-as-crypto-fans-didnt-get-everything-they-wanted-from-trump\/\">Read full article<\/a><\/p>\n<p><a href=\"https:\/\/arstechnica.com\/tech-policy\/2025\/02\/bitcoin-plunges-as-crypto-fans-didnt-get-everything-they-wanted-from-trump\/#comments\">Comments<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The price of bitcoin hit a record high of $109,114.88 during intraday trading on January 20, the day of President Trump&#8217;s inauguration, but has plummeted since and went as low as $83,741.94 during today&#8217;s trading. That&#8217;s a 23.3 percent drop &hellip; <a href=\"https:\/\/www.prime-wow.com\/?p=1235242\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27,44,110],"tags":[],"class_list":["post-1235242","post","type-post","status-publish","format-standard","hentry","category-ars-technica","category-technology","category-unfiltered-rss"],"_links":{"self":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1235242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1235242"}],"version-history":[{"count":0,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1235242\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1235242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1235242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1235242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}