Bitcoin’s decline from 108,364 USD to 92,118 USD occurred amidst growing political turmoil in the U.S. This decline reflects investor concerns over potential government shutdown scenarios and their unpredictable impacts on financial markets.
Despite skepticism from figures like Martin Shkreli, many believe that a Trump presidency could initiate favorable crypto policies. If executed, these policies might set the stage for a significant Bitcoin rebound by 2025.