The cryptocurrency market experienced a dramatic collapse, Altcoin losing 70% to 100% of its value shortly after Donald Trump took office as President. This sharp downturn caught many investors off guard, as the market had been riding a wave of optimism before the inauguration. The volatility was attributed to various factors, including regulatory uncertainty and broader market concerns, with some speculating that the new administration's policies on technology and finance contributed to the downturn. Despite the crash, the cryptocurrency space has continued to evolve, with investors and industry players navigating the ups and downs in search of stability and long-term growth.

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