Mainstream cryptocurrency Bitcoin is being eviscerated this week. The token tanked to a historic low, coming eerily close to as little as $60,000 on Thursday evening. That’s well under 50 percent down from its all-time high a mere four months ago.
While the crypto has since bounced back to around the $68,000 mark, it comes at a grim cost: it’s now wiped out all of its gains since president Donald Trump won the presidential election in late 2025.
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