Trump’s Second Term Hasn’t Been Favorable To The Crypto Market, But This Large-Cap Coin Holds Steady
Posted On April 7, 2025
The cryptocurrency market has been caught up in President Donald Trump’s tariff-induced recession fears, with many coins falling sharply from their highs since the Republican took over the White House.
What happened: Since Trump’s inauguration, the total cryptocurrency market capitalization has shrunk by nearly 32%, with more than a trillion dollars in investors’ wealth wiped out.
It’s, therefore, hardly surprising that most coins, including the mega-cap ones, have traded in the red since his arrival.
Market barometer Bitcoin retreated from its $100,000 milestone, falling over 24% since Trump became president. This is despite the POTUS signing an executive …
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