Trump's Crypto Conundrum: How His Support Led to a Loss for Believers
Investors who bought $1,000 worth of Bitcoin on Donald Trump's inauguration day in 2017 were handsomely rewarded. The cryptocurrency's price surged by a staggering 9,400% over the next few years, leaving those investors with a tidy profit of $95,600.
The returns were so impressive that it seemed as though Trump's presidency would be a boon for Bitcoin and other cryptocurrencies. However, this changed when Trump returned to office in 2025 and publicly endorsed cryptocurrency.
Unfortunately for his supporters, the second term was a disaster for investors who had bought into Bitcoin at the start of 2025. The cryptocurrency's price plummeted by 16%, leaving those who had invested $1,000 with just $838 - a loss rather than a gain.
This seemingly counterintuitive phenomenon has left many wondering whether the 'crypto capital' promise is nothing more than a peak signal.