Down 30% in 2025, Bitcoin erases year’s gains as the crypto slump deepens

cryptocurrency 1 month ago
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Bitcoin has wiped out its year-to-date gains just weeks after hitting an all-time high, as optimism over the Trump administration’s pro-crypto stance fades. The cryptocurrency fell below $93,714 on Sunday, slipping under last year’s closing level after global markets were roiled by Trump’s unexpected tariff comments. Bitcoin, which hit a record $126,251 on Oct. 6, later recovered slightly to $94,869 on Monday morning in Singapore.
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