TL;DR
- Bitcoin fell to $107,645 with a 2.89% daily drop, contributing to a $120 billion decline across digital assets.
- Despite the Trump administration reiterating its friendly approach toward crypto innovation, markets continued sliding.
- Several analysts expressed that long term fundamentals remain intact, supported by rising institutional exposure and growing interest in blockchain infrastructure as a pillar for future economic competitiveness.
Bitcoin slipped to $107,645 on Monday, extending the weakness seen at the end of October. The downturn resulted in a $120 billion contraction in global crypto valuation within a single day. Ethereum followed with a sharp move to $3,706, recording a 4.59% decline. The retreat came shortly after the Trump administration reaffirmed its supportive view on digital assets and signaled openness to regulatory clarity aimed at fostering American leadership in blockchain innovation. For now, traders reacted more to short term risk sentiment than to policy signals.
Altcoins Face Broad Selling Pressure
Large caps across the board moved lower. XRP traded at $2.40 after falling 4.60%. BNB was among the heaviest losers, sliding 6.70% to $1,013. Solana dropped 5.62% to $175.24, while Cardano weakened 5.65% to $0.5766. Dogecoin slipped 6.87% to $0.1738. Chainlink declined 5.11% to $16.04 and Hyperliquid eased 2.68% to $41.43. TRON limited losses, edging down just 0.81% to $0.2933. These moves reflected a broad reduction of exposure from leveraged traders and algorithmic funds rather than structural deterioration.
Market participants pointed out that such pullbacks are common during periods of macro uncertainty. Short term volatility has historically offered long term investors attractive accumulation windows, particularly when underlying adoption metrics remain strong.
Long Term Optimism Strengthens
Professional managers continue increasing crypto allocations in diversified portfolios, citing the sector’s potential to outperform traditional assets over multi year horizons. Venture investment into blockchain infrastructure, tokenization platforms, and decentralized finance protocols remains active, suggesting continued confidence in the sector’s ability to transform financial rails and data ownership.
While the latest slide tested sentiment, the pro innovation tone from Washington could set the stage for capital inflows once markets stabilize. Traders expect liquidity to recover as clarity improves across regulation, institutional custody, and exchange standards. Many in the industry see the current weakness as temporary and view the United States’ advancing stance as a key springboard for the next growth cycle.
