💨 Abstract

In the six weeks following Donald Trump's U.S. presidential election win, a crypto buying frenzy pushed bitcoin's price to a record high. However, the digital currency has since entered a bear market due to a global stocks sell-off, plummeting from its $109,071 January peak to $80,000. The decline has left many new investors, particularly those using borrowed funds, struggling with losses.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖