Trump never did a strong law change for crypto.

He did do a very strong law against crypto in Jan 2018.

The like kind rules are no longer easy for swapping coins. So a lot of paper work is needed for a simple trade of coin a for coin b

I’ve always had a bad feeling for Trump before especially how he was very pessimistic about bitcoin. That thought alone lead me thinking that Trump has definitely its own motive towards bitcoin, and now I have proven it right. It’s not bitcoin’s global adoption, and promoting cryptocurrency as a user-friendly currency, but using bitcoin to create his own meme coins, that’s because it was his original plan way back then.

However, this is my just my personal view, but I won’t jump into a final conclusion since we all know Trump has just started his administration. Still, I’m open for future positive changes if ever.

Maybe I should recall us back to the past, if we have not forgotten that bitcoin network is different from the centralized economy system controlled by government, as you have highlighted already, there could be coincidence, but not a correlation, they both exist as two different system which may not all the time have same influence in each other, when the general stock markets falls, we may not have to experience same on the bitcoin market because inflation does not extend to bitcoin network and all these happenings we are seeing were as a result of the every economic activities, news and events having a direct influence on the general economy as we have the stock market fallen as a result of tariff increase, but not felt on bitcoin market price because it's a decentralized network and every fall is not from the same economic consequence.


That's the actual fact, but those not being informed if what is going on with the market and he nature of the influence the economic activities had on their performance, they will take every time bitcoin plummet to be a reaction from Trump when some of these does not even have effect on bitcoin market price performance.

Bitcoin's price is driven by market sentiment, not just politics. While Trump’s comments may have triggered short-term reactions, long-term trends depend on adoption and macroeconomics. Regardless of who’s president, Bitcoin behaves more like a digital asset than a stock. Market confidence matters more than individual leaders' opinions.

Many people have seriously attributed the bitcoin market price correlation to the stock market most probably due to both been tagged as speculative assets. One section of people who have successfully sold this stereotype is the bitcoin traders most especially the perpetual traders. If you notice the year you stated that this correlation started (2020) was almost similar to the early days of perpetual and future trading. Future traders use fundamentals that I personally think should be for stock trading to analyze the bitcoin market, one of this is the news from CPI, inflationary rates and such of those news, personally I don’t think this news should be affecting the bitcoin market but with the correlation been there, the market sentiment shifts to any news coming from this fundamentals.


Yes bitcoin market is not directly related to this market or economic crisis, but personally I think it affects the price and the reason it does that is because the economic crisis will affect investors of bitcoin sentiment and if there sentiment is affected say the market creates fear then it will definitely translate into panic sell offs and that’s why bitcoin market looks to be affected when news like this breaks out

Bitcoin will continue to grow and develop driven by global demand, technological advances, institutional adoption, large companies and also various groups so that the sustainability of Bitcoin does not depend too much on government policies including Trump. Trump only uses Bitcoin for his victory which makes Bitcoin or crypto fans excited and he is indeed good at it, his influence can push Bitcoin or the market in a positive direction and also surprising because whoever the person is if the person is very influential in the world and also famous will definitely affect the price of Bitcoin in a positive direction, which in my opinion is one of the growth processes and also what can increase the price of Bitcoin but that doesn't mean it should be focused on that alone because without Trump or anyone sooner or later the increase in adoption and the price of Bitcoin will eventually continue to grow and increase.

It is possible trump's statements concerning  bitcoin during the presidential campaign and after the election may be affecting the price of bitcoin somehow, but we are not really sure about it but I think what could really affect the price of bitcoin could be how investors have reacted to trump's involvement in bitcoin.  I know trump's involvement can affect the market somehow but the reaction of investors is what matters most to the price of bitcoin.  I won't really point hands to Donald trump but it would have been best if investors had or just  focus on their investment and do not mind or react to president trump's statements concerning bitcoin.

btc is not a big deal for trump. power is a big deal for him.

if he thinks btc gives him power he will try to boost it.


time well tell his effect on crypto.

On the one hand, we don't want Trump involved in Bitcoin. On the other hand, Trump's involvement is also needed.
The side that doesn't want Trump because it makes the market different because new investors only want small change coins to expect profits from there, so it can disrupt the price of other coins.
The other side that Trump's involvement is needed because it can build investor confidence.

Whether or not Trump is involved in Bitcoin will not affect Bitcoin if we make Bitcoin a long-term investment. And still in the long term, Trump's tariffs will not interfere with Bitcoin even though in the short term the implementation of Trump's tariffs has an impact on the market.