So, why has Bitcoin lost nearly 20 percent of its value since his inauguration? Cryptocurrency is notorious for its volatility, so sharp declines and surges are not unexpected. However, Bitcoin and the broader crypto market have mostly seen steady growth,

The original cryptocurrency has fallen 28% from its all-time high of $109,000 just last month, tumbling to $78,000 on Friday. The currency’s recent Dogecoin down 39% and Ethereum down 28% in the last month.

Attempts to decipher exactly what’s driving the price of Bitcoin are often tricky endeavors, with multiple offsetting catalysts in the mix.