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The Independent UK

Anthony Cuthbertson

Why the ‘Crypto President’ has overseen a crash in Bitcoin

Bitcoin Donald Trump

Since taking office, President Donald Trump's policies have coincided with a significant cryptocurrency market crash, wiping out over $1.3 trillion in value.
Bitcoin's price has fallen from its January high of 109,000 to below 75,000, a level last seen around Trump's election win.
Trump's pro-crypto rhetoric during his campaign, including promises of a bitcoin treasury and protection from regulation, fuelled a price rally that has since reversed.
Market turmoil following Trump's "Liberation Day" trade tariffs and his controversial meme coin ventures have further eroded investor confidence.
Despite the downturn, some analysts maintain that bitcoin's limited supply and potential as a long-term store of value remain relevant, drawing comparisons to gold.

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How ‘crypto president’ Trump caused biggest crash in history

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