The decline in Bitcoin intensified during Asian trading hours on Friday, marking a 25% drop from its all-time high recorded less than six weeks ago. This downturn follows traders reversing bets that were placed after the election of US President Donald Trump. At 10:13 a.m. in Singapore, Bitcoin was down 2.6%, trading at $82,220, after reaching its lowest level since November 11. The cryptocurrency market experienced a widespread decline, with Ether, Solana, and XRP also experiencing significant drops in recent days. — news from Bloomberg
