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3 Reasons Why Bitcoin and Altcoins Collapse
Bitcoin and most alternative cryptocurrencies sharply decreased on Monday, continuing the downward trend since Donald Trump took office. Bitcoin ( BTC ) has dropped to as low as $97.855, a decrease of about 10 percent from its peak earlier this month. Other major laggards in the cryptocurrency sector include well-known names such as Fartcoin, Raydium, Pepe, and Virtuals Protocol, each dropping more than 20%. Many of these currencies are trading significantly lower than they should be.