TRUMP Coin Plummets 96% as Bitcoin Soars Amid Geopolitical Turmoil
A major political meme token has suffered a catastrophic 96% collapse from its all-time high, plummeting from $73.43 to just $2.90, while Bitcoin demonstrated its resilience as a digital safe haven by surging over $5,200 to reclaim the $70,800 level during heightened Middle East tensions. The dramatic divergence highlights the extreme volatility of speculative altcoins versus Bitcoin's established role during global uncertainty, with the flagship cryptocurrency recovering sharply from its $65,600 dip as investors sought proven store-of-value assets.
Bitcoin increases to about $70,000
Many investors bought Bitcoin after the recent drop, raising the price by 5% from around $65,618 to roughly $70,800. Rising tensions with Iran triggered a chain of events that led to Bitcoin’s earlier price decline. News about the conflict sparked panic, driving oil prices from about $62 per barrel to nearly $120, and central banks responded with high interest rates, which discouraged investors from risk assets like crypto.
Equity markets also played a role in BTC’s rise, as Bitcoin has an 85% correlation with the Nasdaq-100 index, so prices rose as stock prices recovered.
The total value of the cryptocurrency market rose back to about $2.33 trillion, as other assets like Ethereum increased to $2,059, up roughly 3% to 4%. Solana also trades around $87 after rising 4% to 5%, while XRP increased by 4% as well.
According to market data, Bitcoin dominance increased to about 56%, while blockchain data shows that whale wallets have accumulated roughly 270,000 BTC (nearly $19 billion) over the past month.
Similarly, more investors now prefer to hold their coins longer rather than sell them, as the amount of Bitcoin sent to exchanges dropped in recent weeks.
Investors lose interest in the Trump meme coin
While Bitcoin saw huge gains, the Official Trump meme coin has declined from its January 2025 peak of $73.43 and now trades around $2.90 (a drop of about 96%).
This type of extreme movement is common for meme-based cryptocurrencies because they depend on excitement, online attention, and community hype that always fades.
The hype around the Trump meme coin exploded across social media when President Trump took office in January 2025, raising demand and attracting many short-term traders looking to profit from the wave. This attention drove the coin’s price up quickly, but it soon began to fall as enthusiasm faded.
Unlike Bitcoin and other major assets that benefit from global trading activity and institutional investment, meme coins rely on market sentiment and public interest, so the prices weaken quickly when this interest fades.
In fact, the TRUMP token dropped by more than 15% over the past week, even as the wider crypto market saw huge gains.
Meanwhile, people also say the token’s poor performance is tied to public sentiment toward the figure associated with the brand. Polling averages and prediction markets show a significant number of negative views of the brand, which always translate into price changes.
The WLFI token by the World Liberty Financial project also dropped to about $0.094, but later recovered to around $0.10, which is still 69% below its highest recorded price. The project is associated with the same brand as the Trump meme coin and continues to experience volatility, despite recent developments in decentralized finance.
When we consider the wider crypto space, these movements suggest an emerging split within the sector. On the one hand, Bitcoin and other major cryptocurrencies continue to enjoy strong trading volumes worldwide.
On the other hand, smaller speculative tokens are more susceptible to fluctuations in interest and mood. They can easily shoot up in price if people are enthusiastic about them, and just as quickly fall if interest wanes. As a result, there is more volatility in this part of the market
If you're reading this, you’re already ahead. Stay there with our newsletter.
