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Crypto Market Post-Election Surge Losing Steam?

The crypto market's post-election surge seems to be losing steam, with Bitcoin's price taking a slight dip recently. However, it's still hovering around the $90k - $91k mark, and many experts predict it will break new records soon. The market's optimism stems from President-elect Donald Trump's promise of favorable regulatory shifts, which could lead to easier market access for digital asset firms.

Key Factors Contributing to the Slowdown:

- Market Correction: The crypto market is known for its volatility, and the recent surge might be undergoing a natural correction.
- Regulatory Uncertainty: Despite Trump's pro-crypto stance, the actual regulatory environment remains unclear, causing investors to pause.
- Global Economic Factors: External economic factors, such as inflation, interest rates and global crisis could be influencing the crypto market.