#TrumpBitcoinEmpire

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

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

However, this rise seemed to be waning by Tuesday, as Bitcoin sharply retreated from recent record levels.