Bitcoin Plunges 38% Since Trump Inauguration Amid Oil Shock and Trade Tensions
Key Facts
Bitcoin has faced a severe downturn, losing 38% of its value since President Donald Trump assumed office, rattling investor confidence in the digital asset space. Analysts attribute this sharp decline primarily to surging oil prices and the escalating trade wars triggered by new tariff policies. Despite initial market expectations of a crypto-friendly administration, macroeconomic instability has dominated sentiment and driven prices lower. These geopolitical factors have fostered a risk-off environment, overshadowing the speculative appeal of BTC/USD and other major cryptocurrencies. The ripple effects have also reached sector-related equities such as COIN, as energy cost volatility continues to weigh on the market. Investors remain cautious as they assess how ongoing administrative policies will shape global financial stability in the coming months.
Get AI-powered deep analysis for every story with a paid subscription
Upgrade for Analysis