Bitcoin News
By Jean-Luc Maracon
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The Collapse Across the Board. Bitcoin's 44% drop is actually one of the softer falls in the bunch. Ethereum is down 49%.
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Promises vs. Policy Reality. The core problem, at least from where the crypto community sits, is pretty simple: the national…
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Bitcoin is sitting at $59,000. That's down 44% since Donald Trump walked into the White House promising to make America the world's crypto capital.
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Trump came in loud. During the run-up to his second term, he called himself the "crypto president," showed up at the largest U.S.
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A major liquidation event hit in October. Markets cracked.
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Bitcoin's 44% drop is actually one of the softer falls in the bunch. Ethereum is down 49%. Ripple's XRP has shed 68% of its value. Solana dropped 77%. Dogecoin fell 79%.
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The themed coins are something else entirely. The TRUMP coin and the MELANIA coin — both launched in the days just before the inauguration, riding a wave of political excitement…
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It's worth pausing on that. Two meme coins tied directly to the incoming president and his wife launched right before he took office, sparked a brief frenzy, and then cratered.
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The core problem, at least from where the crypto community sits, is pretty simple: the national strategy never came. No concrete Bitcoin mining push. No clear framework.
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More context: Bitcoin Whales Buy the Dip but Two Key Premium Signals Stay Dark
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That gap — between the promises made on the campaign trail and the absence of real policy action — has worn down sentiment in a serious way.
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And it's not just retail investors feeling it. The broader industry, which had rallied hard behind Trump's candidacy, is watching a market that can't find its footing.
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The meme coin launches made things messier, probably. Two politically branded tokens hitting the market days before inauguration brought a wave of speculative money in fast — and…
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Whether Trump's team sees the market damage as a policy failure or just normal volatility is unclear.
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What's left is a market that surged on political hope, hit record highs, then gave everything back and more.
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