#TrumpBitcoinEmpire

Bitcoin fell on Tuesday, leading a decline in broader cryptocurrency prices as the sector witnessed some profit-taking after a stunning rise over the past two weeks.

Bitcoin had surged to record levels exceeding $123,000, while alternative cryptocurrencies also rose as crypto supporters celebrated the U.S. government's approval of major regulation for cryptocurrencies. Bitcoin also received support after President Donald Trump's tech company, Trump Media & Technology Group Corp (NASDAQ: DJT), disclosed a $2 billion reserve of this cryptocurrency.

However, this rise seemed to be fading by Tuesday, as Bitcoin sharply retreated from recent record levels. Other alternative cryptocurrencies also recorded some losses after strong gains in recent sessions.

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