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Bitcoin records its first significant weekly price decline since Trump’s election victory

Bitcoin’s price decreased 11% after reaching an all-time HIGH of 108,135 USD. Closing at 94,645 USD, this marks the first MAJOR weekly decline since Donald Trump’s election. Analysts cite the Federal Reserve’s altered interest rate outlook impacting risk-driven assets.

Several asset management firms expect Bitcoin to reach between 180,000 USD and 200,000 USD by 2025, driven by institutional adoption and potential US Bitcoin reserves. Regulatory changes may also foster a more supportive environment for cryptocurrencies.

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