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Tue, January 21, 2025

Bitcoin price live: Trump's new meme coin and other crypto plummets as president takes office


Published on 2025-01-21 06:40:38 - MSN
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  • Trump's new meme coin and other crypto plummets as president takes office - Incoming president tells fans to 'have fun' with new digital currencies

The article from MSN discusses the impact of Donald Trump's presidency on the cryptocurrency market, particularly focusing on Bitcoin and a new meme coin associated with Trump. As Trump took office, Bitcoin and other cryptocurrencies experienced significant price drops. The article highlights the introduction of a Trump-themed meme coin, which also plummeted in value. This downturn is attributed to various factors including regulatory uncertainty, Trump's historical skepticism towards cryptocurrencies, and broader market reactions to his administration's policies. The piece also touches on the general volatility of cryptocurrencies and how political changes can influence investor sentiment and market dynamics.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/bitcoin-price-live-trump-s-new-meme-coin-and-other-crypto-plummets-as-president-takes-office/ar-AA1xvM06 ]
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