---
title: "Bitcoin (BTC) Tumbles by Over $5K in Minutes as Trump’s Inauguration Begins"
url: https://diffcoin.com/bitcoin-btc-tumbles-by-over-5k-in-minutes-as-trumps-inauguration-begins/
description: "BTC went from over $107,000 to under $102,000 in minutes."
published: 2025-01-20
updated: 2025-01-20
author: "Mila"
site: "Diffcoin"
---

# Bitcoin (BTC) Tumbles by Over $5K in Minutes as Trump’s Inauguration Begins

Donald Trump’s inauguration as the 47th US president has officially started, and massive volatility hit the crypto market as expected.

Bitcoin’s price tumbled from over $107,000 to under $102,000 as the market prepares for his actions toward the industry after his numerous promises during the campaign.

![BTCUSD. Source: TradingView](data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCAxODM1IDgxOSIgd2lkdGg9IjE4MzUiIGhlaWdodD0iODE5IiBkYXRhLXU9Imh0dHBzJTNBJTJGJTJGY3J5cHRvcG90YXRvLmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAyNSUyRjAxJTJGQlRDVVNELTI1LnBuZyIgZGF0YS13PSIxODM1IiBkYXRhLWg9IjgxOSIgZGF0YS1iaXA9IiI+PC9zdmc+)

BTCUSD. Source: TradingView

It was already a wild day as the primary cryptocurrency dumped to under $100,000 this morning following the Trump family’s meme coin saga. However, instead of continuing further south, the asset bounced off and headed toward new peaks.

Just a few hours later, it knocked down the December all-time high and spiked above $109,400 to mark a new record.

More volatility ensued in the hours leading to the start of the inauguration. Yet, BTC had stabilized for a bit at around $107,000 but dropped hard as the ceremony began to just under $102,000.

It has recovered some ground since then, but the total liquidations are still quite high at over $1.1 billion on a daily scale. The single-largest wrecked order took place on Binance and was worth over $15 million.

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[Source link](https://cryptopotato.com/bitcoin-btc-tumbles-by-over-5k-in-minutes-as-trumps-inauguration-begins/)
