Bitcoin Drops to Lowest Price Since Trump’s Election Victory

Bitcoin dropped to its lowest since Donald Trump retook the White House a little more than a year ago, erasing the gains registered by the bellwether digital asset since the election victory of the crypto-friendly US president.

The largest cryptocurrency extended its almost four-month slide, falling below $74,424.95, the lowest price of 2025. That level was seen on April 7 after Trump’s initial tariff plan upended financial markets worldwide.

“A lot of the traders were trying to buy the dip, betting on a rebound above $80,000,” said Bohan Jiang, senior derivatives trader at FalconX. “As Bitcon drifts lower, a ...