Bitcoin and virtual asset markets are falling due to the aftermath of the inauguration and profit-taking sales.

News of virtual assets that bitcoin investors expected at the inauguration of President Donald Trump was not mentioned.

Bitcoin and virtual asset markets, which recently hit record highs, are falling due to the aftermath of the inauguration and profit-taking sales.

Bitcoin is trading at $103,289 as of 7:40 a.m. on the 21st, according to CoinMarketCap, a global virtual asset market relay site. This is a 0.34% increase from 24 hours ago. At the same time, Ethereum is trading up 2.38% at $3309 and Ripple is trading up 2.74% at around $3.14.

The meme coin "Official Trump," which President Trump issued in surprise ahead of his inauguration, is trading at $38, down 13.94% from the previous day. Solana, which rose together with the blockchain network issued by Official Trump, rose 0.48% from the previous day to $249.

In the afternoon of the previous day, Bitcoin reached an all-time high, exceeding $109,000 ahead of President Trump's inauguration. The surge was a result of expectations that President Trump will come up with policies that are friendly to the virtual asset industry and revitalize the industry.

However, immediately after the inauguration, the price of Bitcoin fell to the early $100,000. Foreign media interpreted it as because there was no mention of virtual assets in President Trump's inauguration speech. On betting platform Polymarket, bets on the possibility of the U.S. adopting Bitcoin as a strategic reserve in 2025 were 36%, down from the 50% range just before the inauguration.