Crypto Market Slides $467.6 Billion as Bitcoin Drops to Post-Election Low — TradingView News
A sharp selloff has intensified pressure across the crypto market, with roughly $467.6 billion erased in less than a week, according to CoinGecko data. Bitcoin (BTC-USD) slid to its lowest level since US President Donald Trump won re-election in early November 2024, briefly touching $72,877 before staging a modest rebound. By early Wednesday in New York, the cryptocurrency was trading around $75,900, but sentiment remained fragile after a steep decline from its early-October peak.
The pullback has unfolded despite a more crypto-friendly US administration and growing institutional adoption, with Bitcoin now down about 40% from its record high. The broader market has struggled to recover since a wave of liquidations on Oct. 10 wiped out…
