Bitcoin (BTC) price consolidates, official Trump (TRUMP) sell-off as President Trump takes office

After surging to over 110,000 USD, Bitcoin was affected by President Trump’s inauguration, leading to an 8% decline, now resting at approximately 101,440 USD.

Official Trump (TRUMP) saw a significant sell-off, losing over 40% in value immediately after the inauguration, trading below 39 USD.

Despite the drop, traders remain hopeful for a strategic Bitcoin reserve as Polymarket shares a 64% chance of Trump’s announcement, maintaining Official Trump’s impressive 616% gains over three days.

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