Zaye Capital Markets analyst Naim Aslam stated in a report that concerns over the ongoing consolidation of Bitcoin persist, which could lead to further declines before a rebound occurs. According to data from LSEG, Bitcoin fell 2.4% during the day to $95,144. Fueled by the prospects of a more crypto-friendly regulatory environment under elected President Trump, Bitcoin had previously reached a historic high of $99,830. However, as the initial momentum from Trump's election victory faded, Bitcoin's price also retreated. (Jin Shi)