$TRUMP (meme coin)
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Bitcoin price falls below pre-Trump second term levels, now hovering below $67,000
Yahoo Finance· 2026-02-05 16:14
Price Movement - Bitcoin's price has fallen 11% to $67,000, marking its lowest level in 15 months [1] - The cryptocurrency has lost 46% of its value since reaching a record high of $126,210.50 on October 6 [1] Market Impact - Companies facilitating cryptocurrency trading, such as Coinbase and Robinhood, have experienced significant declines, with Coinbase falling 9.1% and Robinhood losing 8.1% [3] - Bitcoin mining company Riot Platforms saw a drop of 10% [3] Company-Specific Performance - Strategy, a major crypto treasury company, tumbled 13% and holds 713,502 bitcoins, with an average purchase price above $76,000, indicating a loss on investment [4] - The current value of Strategy's bitcoin holdings is approximately $47.8 billion, down from the reported cost of $54.3 billion [4] Trump-Related Ventures - American Bitcoin, associated with Donald Trump's sons, has decreased by 6.6% and is down over 80% since October 7 [5] - Other Trump-related crypto ventures have also seen declines, with the market value of the World Liberty Financial token dropping from above $6 billion to about $3.25 billion [6] - The price of the meme coin $TRUMP has fallen to $3.93 from an asking price of $45 prior to Trump's inauguration [6]
Bitcoin dips below $85,000 briefly in crypto rout
PBS News· 2025-12-01 22:47
Bitcoin and companies tied to cryptocurrencies extended a nearly two-month swoon Monday, tracking with a broader market sell-off in technology companies that many see as overvalued.Bitcoin slid 5.6% after being down nearly 12% earlier in the day, settling in just above $85,000. The most-traded cryptocurrency is down about 33% since hitting a record $126,210.50 on Oct. 6, according to crypto trading platform Coinbase. Bitcoin had soared since April in line with the stock market and driven partly by a more cr ...