Bitcoin has experienced its longest losing streak since Donald Trump’s US election victory, falling below $94,000 after a failed attempt at reaching $100,000. The three-day drop represents a 6% decline. Analysts attribute the downturn to a pause in gains fueled by Trump’s crypto-friendly agenda, which had previously sparked speculative fervor. The wider crypto market also stagnated, despite gaining over $1 trillion since Election Day on November 5.
Source: https://www.bloomberg.com/news/articles/2024-11-26/bitcoin-btc-retreats-from-100-000-in-worst-spell-since-trump-s-win