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International Business Times
International Business Times
Business
Marvie Basilan

Crypto Erases Trump Bump: Bitcoin Plummets To $77K, Ethereum Below $2K, $XRP Under $2

Crypto prices have been falling in recent weeks amid the Trump trade war. (Credit: Maxim Hopman/Unsplash)

KEY POINTS

  • $BTC last traded at around $75,000 before media outlets announced Trump's presidential victory
  • $ETH is down by over 15% in the past week – the coin's chart has pretty much mirrored $BTC price action
  • $XRP dropped below $2 after it took seven years for the token to reach the same figure again

The cryptocurrency market was drowned overnight in a red wave as all major coins erased all gains made when U.S. President Donald Trump won the 2024 presidential elections.

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