Golden Finance reported that according to Bloomberg, Bitcoin set its longest losing streak since Trump won the US election. As of Monday, Bitcoin was down about 6% for three consecutive days. The total cryptocurrency market has grown by $1 trillion in value since Election Day on November 5, but that growth has stalled. IG Australia analyst Tony Sycamore believes that this pullback is mainly to eliminate overbought conditions, not a trend reversal. Independent Reserve CEO Adrian Przelozny said the current bull market sentiment is expected to continue into 2025. TD Cowen analyst Jaret Seiberg pointed out that Trump will gain control of the U.S. SEC after taking office, which will be conducive to relaxing cryptocurrency regulations.