CHART: Bitcoin has lost all of its gains since Trump’s election
Despite Donald Trump's embrace of BTC and cryptocurrency, it's given up all of its gains since his election.
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Despite Donald Trump's embrace of BTC and cryptocurrency, it's given up all of its gains since his election.
Read more (2 min) →With the US seizure of Venezuelan oil and possible BTC holdings, speculation about an overthrow of Cuba is next.
The US Digital Asset Stockpile contains crypto assets that have been crashing in price since the fund came into existence on April 5.
Donald Trump has embraced BTC, but despite that, it's seen a much smaller relative appreciation under his leadership than it did under Biden.
The review, which was supposed to inspect the crypto holdings of federal agencies, was due on April 5 after Trump issued his executive order.
David Bailey explained on CBS TV why Donald Trump was ‘absolutely not’ motivated by personal profit to change his mind about bitcoin.
Crypto investors often look to BTC as a safe haven asset, but its price performance during times of conflict is disappointing.
Yesterday afternoon, BTC rallied $2,400 in 15 minutes on the news that Donald Trump wouldn't fire US Federal Reserve Chairman Jerome Powell.
Since the Trump inauguration, crypto assets have shed a combined $800B from their market cap while BTC has lost nearly one-third of its value.
BTC performed better under Biden than it has under Trump's most recent term or the beginning of his first presidential stint.