# TrumpEffect

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𝐈𝐬 𝐭𝐡𝐞 "𝐓𝐫𝐮𝐦𝐩 𝐄𝐟𝐟𝐞𝐜𝐭" 𝐨𝐧 𝐂𝐫𝐲𝐩𝐭𝐨 𝐅𝐚𝐝𝐢𝐧𝐠?
The excitement surrounding former President Donald Trump’s second-term victory sent Bitcoin soaring to an all-time high of $109,114.88 on Inauguration Day, fueled by expectations of a more crypto-friendly administration. However, as of February 28, BTC has declined below $80,000—a 26% drop—leaving investors questioning whether the so-called "Trump effect" was overstated.
𝐖𝐚𝐬 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐨𝐨 𝐎𝐩𝐭𝐢𝐦𝐢𝐬𝐭𝐢𝐜?
Many in the crypto space had hoped that Trump's presidency would usher in a golden era for digital a
TRUMP-0,92%
BTC-0,34%
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🔥 Trump's "Withdrawal of Investment from Ukraine" drama shocks the market!
"The Biden era has ended, and Trump has halted aid to Ukraine with a wave of his hand—U.S. defensive stocks are crying (down 3%), Bitcoin is flourishing (up 6%), gold has surged to $3400, and the Russian ruble has suddenly become strong! 🤯
Crypto Market Crazy Party:
•BTC surged to $118K (Institutions: have accumulated over $50 billion)
•ETH stands firm at $3660 (DeFi veteran overjoyed)
• Is Trump's "GENIUS Act" perhaps a love letter to crypto moguls? 💌
Trader's shorthand:
▸ Short-term: Quickly hold onto BTC and gold
TRUMP-0,92%
BTC-0,34%
ETH-0,64%
DEFI5,51%
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