Bitcoin Drops Below $77K, Erasing Much of Its Post-Election Rally
Bitcoin fell under $77,000, giving back much of the gains it piled up after the US election. CoinGecko data showed BTC down 5.1% and ether down 7% in 24 hours, while the entire crypto market shed 6.8% of its value.
Bitcoin's post-election glow just got dimmed. The top crypto slipped below $77,000, handing back a big chunk of the rally that followed last November's US vote.
The damage was broad. CoinGecko's 11:56 a.m. ET snapshot showed bitcoin down 5.1% over 24 hours, with ether taking an even harder hit at 7%, according to the data provider.
The whole market felt it. Total crypto value dropped 6.8% across the same stretch, a slide that spread well past the two biggest coins.
For traders who piled in expecting the post-election run to keep climbing, the pullback is a reminder of how fast sentiment can flip. Bitcoin's break under $77,000 puts it back where it stood before much of that surge.
TopicsBitcoin · Ethereum · CoinGecko · BTC · ETH
Source: thedefiant.io
Written by Paparazzi with AI. Not financial advice.
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