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.
Read more (2 min) โ19 stories, newest first
Despite Donald Trump's embrace of BTC and cryptocurrency, it's given up all of its gains since his election.
Read more (2 min) โThe 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.ย
Despite an 11X larger market capitalization, gold has rallied 32% versus BTC's far more modest 16% so far this year.
The reported Elon Musk and Donald Trump "peace call" that almost rebounded the price of BTC, is no longer happening.ย
โ Bitcoin, Federal Reserve
Yesterday afternoon, BTC rallied $2,400 in 15 minutes on the news that Donald Trump wouldn't fire US Federal Reserve Chairman Jerome Powell.
โ Bitcoin, Bitcoin mining
Despite Donald Trump's promise to bring all BTC mining to the US, his new tariffs will likely hurt the industry.
BTC performed better under Biden than it has under Trump's most recent term or the beginning of his first presidential stint.
Despite Donald Trump's vocal support for bitcoin, it actually performed better during his first White House stint than this latest term.