During the Donald Trump inauguration ceremony, Bitcoin saw a steep surge, but it has yet again shown a steep slide this month, dropping nearly 20 per cent from the all-time high around January 20.

The price of Bitcoin slid below the $90,000 mark on Tuesday and dropped to its lowest level since mid-November, amid a broader selloff in the crypto market that follows the biggest crypto tokens theft of all time and a few high-profile controversies involving meme coins.

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