Gold Finance reported that Bitcoin’s decline intensified this week, down 25% from an all-time high set less than six weeks ago as traders reversed bets after U.S. President Trump was elected. Bitcoin fell 2.8% during the Asian session, the lowest level since November 11. This is part of the general decline in cryptocurrencies, with Ethereum, Solana and XRP also falling sharply in recent days. The sell-off highlighted the rapid change in the fate of digital assets, with Bitcoin hitting a record high of $109,241 on the day of Trump's inauguration on January 20, but since then, the price of Bitcoin has fallen sharply due to concerns about Trump's aggressive stance and widespread concerns about the U.S. economy, and cryptocurrencies are also facing pressure to shift their investors' risk appetites broadly.