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Bitcoin Slides from Record High Amid Trump’s Inauguration Volatility

AsianFin -- Bitcoin pulled back from a record high as crypto markets experienced heightened volatility during Donald Trump’s inauguration as the 47th US president.

Anticipation of pro-crypto policy initiatives from Trump, expected to be unveiled through a flurry of executive orders, has driven recent market swings. The world’s largest cryptocurrency was trading at approximately $103,700 at 4:25 p.m. Monday in New York, down from its earlier peak of $109,241.

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