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Fortune

Catherine McGrath

Bitcoin plunges 28% from all-time high as Trump pump turns into slump

Bitcoin Crypto Donald Trump Fortune

(Credit: Illustration by Fortune Staff)

Bitcoin’s recent sell-off got steeper on Friday as the currency came closer to erasing all of the gains it made in the bull run following President Donald Trump’s election in November.

The original cryptocurrency has fallen 28% from its all-time high of $109,000 just last month, tumbling to $78,000 on Friday. The currency’s recent Dogecoin down 39% and Ethereum down 28% in the last month.

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