Bitcoin Falls To Fresh 21-Month Low; Fed Uncertainty, Strong Dollar Weigh

bitcoin falls to fresh 21-month low; fed uncertainty, strong dollar weigh

The key cryptocurreny, Bitcoin, has fallen to a fresh 21-month low as the concerns about the largest corporate buyer of the token weakened sentiment as well as the prospect of higher interest rates.

In the early trade, Bitcoin dropped as much as 1.5% to $57,742 in Asia trading, its lowest level since September 17, 2024.

CoinDCX Research Team said, Bitcoin faces a notable pullback from the consolidated range just above $60,000 and is currently trading around $59,000. The other cryptos working the top 10 controls the remain accumulated within the range, while Stellar displays strength as it surges above $0.2.

The top gainers for the day are MemeCore, Stellar and Pyth Network with 18.92%, 12.50% and 7.87% surge. Besides, Celestia and Binance Life plunge over 9% each, followed by Ethena by 6.69% and Mantle by more than 5%. The fear and greed index has slipped to 17 as the sentiments still remain under extreme fear.

The United States President Donald Trump has reported over USD 1.4 billion in income from his family’s crypto ventures last year. As per his mandatory financial report for 2025, in a 927-page document, Trump disclosed that his companies received almost USD 800 million from World Liberty Financial. Notably, the company was co-founded by him and his sons.

CoinDCX Research Team citing Trump’s financial disclosure said, President Trump holds more than $100M in crypto assets, including Bitcoin and Ethereum. The disclosure also shows he earned over $1.46B from crypt ventures, including $500M+ from World Liberty Financial and $635M from $TRUMP memecoin sales.

Besides, Chainlink adds over 8000 non-empty wallets in just 5 days to reach 892.8K, despite the piece sitting near the lows. In the meantime, the largest exchange deposits in the past 24 hours were led by stablecoins, ETH, and staked ETH. Interestingly, Tron hit all-time highs with 26.97M active accounts and 385.77M transactions, it added.

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