A Year of Trump: Pro-Crypto White House, Falling Markets, and One Clear Winner
Despite a pro-crypto administration under Trump, major cryptocurrencies experienced significant value depreciation over the past year.Summary
During President Donald Trump's first year in office (beginning January 2025), the cryptocurrency market saw sharp value depreciation across the board, despite regulatory easing initiatives. Trump delivered on campaign promises by appointing a crypto czar, installing a crypto-friendly SEC chair, and signing the Genius Act into law. However, major assets like Bitcoin fell 13.4%, Ethereum nearly 9%, and altcoins like ADA dropped 63%. Market performance was heavily impacted by macroeconomic factors, particularly Trump's tariff policies, such as the Liberation Day tariffs and the 100% reciprocal tariff on China, which caused significant Bitcoin sell-offs. In stark contrast to investor losses, the Trump family emerged as the clear winner, reportedly generating $1.4 billion from crypto-related ventures, including a namesake meme coin and World Liberty Financial, with digital assets now comprising over 20% of their total wealth, raising conflict of interest concerns.
(Source：BeInCrypto)