Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty

NEW YORK, Feb 7 (Reuters) – Bitcoin could drop further after wiping out all of its price gains since the election of U.S. President Donald Trump as liquidity is expected to remain thin for the near future. Bitcoin’s slump alongside other digital asset prices coincides with investor concerns about inflated tech valuations and the uncertain path of U.S. Federal Reserve rate cuts. Sign up here. “This contraction has been underway for several months and remains ongoing, suggesting it is likely to persist for some time,” said Thomas Probst, a research analyst at crypto data provider Kaiko. “Reduced liquidity translates into…