Market News
Bitcoin rally cools as Trump makes no new mention of crypto - REUTERS
By Tom Westbrook and Elizabeth Howcroft
SINGAPORE/PARIS, Jan 21 (Reuters) - Bitcoin, other cryptocurrencies and even the newly minted token bearing Donald Trump's name cooled on Tuesday, after the U.S. president's first set of policies following his inauguration made no reference to the asset class.
Bitcoin, the world's largest cryptocurrency, hit a record high $109,071 on Monday when Trump was sworn in as the 47th U.S. president, but later started falling. By 1001 GMT on Tuesday, it was trading at $102,546.13 - still up around 9.5% so far this month.
