![Trump token plunges over 20%, bitcoin pulls back from inauguration day record of 9,000 Trump token plunges over 20%, bitcoin pulls back from inauguration day record of 9,000](https://i1.wp.com/image.cnbcfm.com/api/v1/image/108089544-17374519341737451930-38082354874-1080pnbcnews.jpg?v=1737451932&w=750&h=422&vtcrop=y&w=600&resize=600,400&ssl=1)
Trump token plunges over 20%, bitcoin pulls back from inauguration day record of $109,000
A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025. Paul Yeung | Bloomberg | Getty Images Bitcoin and other cryptocurrencies retreated from their Monday highs, as bullish investor…