Bitcoin and crypto prices have plunged sharply, mirroring stock market declines, as concerns mount that Bitcoin could be on the brink of a major crash.
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Bitcoin has fallen below $80,000 per coin, dragging the broader crypto market down by $1 trillion in just a month—despite bullish traders betting on a Donald Trump presidency as a potential “game-changer.”
Meanwhile, as Elon Musk delivers an unexpected crypto price warning, the CEO of BlackRock, the world’s largest asset manager, cautions that Trump’s trade policies could drive inflation higher—dimming hopes for Federal Reserve interest rate cuts through 2025.
