Bitcoin Falls To Lowest Level Since Trump’s Election As Crypto Market Plunges

Bitcoin dropped to just above $74,000 on Monday, its lowest intraday level since just after Trump’s election win, according to The Wall Street Journal. Ether, Solana, and XRP saw double-digit losses earlier in the day before partially recovering. Roughly $ 1 billion in bullish crypto bets were liquidated in 24 hours, according to Coinglass. Crypto-focused stocks tumbled, with MicroStrategy shares dropping more than 8% amid the broader market decline.