Bitcoin Rejects $94k; TRUMP Coin Pumps 32%, Altcoins Turn Red
After pumping in a sudden spike earlier this week, Bitcoin price today firmly traded near $94k and later rejected the level with it now falling in the $92k range. Besides, TRUMP Coin has pumped over 32% in the past 24 hours while most of the altcoins have turned red today.
The inauguration of Paul Atkins as the SEC chair has sparked a rally in the crypto market with the overall market sentiment turned bullish this week. However, it seems that the optimism in the market has failed to sustain as short term investors look for the exit.
At the time of writing, Bitcoin price is trading near $92,600 with a 24 hour trading volume of $36.36 billion. It has declined with a decent drop of 0.89% while falling from the daily high of $94,106 and…