A cartoon of US President-elect Donald Trump with cryptocurrency tokens, displayed outside the White House to mark his inauguration, is displayed at the Coinhero store in Hong Kong, China, Monday, Jan. 20, 2025.
Paul Yeung | Bloomberg | Getty Images
Bitcoin and other cryptocurrencies sank on Tuesday, as positive investor sentiment around cryptocurrencies cooled following the inauguration of President Donald Trump.
TRUMP, the token launched last week representing the new American leader, has fallen as much as 22% in 24 hours, according to data from CoinGeck.
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