Bitcoin Tanks 8% in Minutes After Trump Drops Bombshell: ‘I Probably Won’t Run Again’

Market chaos erupts as Trump's political uncertainty triggers crypto sell-off.

Bitcoin got sucker-punched today—dropping like a stone the moment Trump hinted at bowing out of the 2028 race. The king of crypto bled 8% in under an hour, dragging altcoins down with it.

Political risk is back on the menu, folks. When the orange man speaks, markets listen—then overreact spectacularly. Classic Wall Street behavior: sell first, ask questions later.

Meanwhile, gold bugs are smugly polishing their bullion. ‘Told you so’ never sounded so expensive.

Before we post what the 45th and 47th US President said earlier today, we WOULD like to show this quote from the US Constitution (22nd Amendment):

“No person shall be elected to the office of the President more than twice, and no person who has held the office of President, or acted as President, for more than two years of a term to which some other person was elected President shall be elected to the office of the President more than once.”

Experts have repeatedly said that there is no realistic loophole TRUMP and his team can use to bypass the current rules and actually run for President once again.

Yet, it has been rumored quite a few times in the past that there is a chance for Donald J. Trump to try to run again in 2028. In today’s post, he admitted that he would like to, but probably won’t.

BREAKING: President Trump says he would like to run for president again but he “probably will not.”

— The Kobeissi Letter (@KobeissiLetter) August 5, 2025

Whether it’s about this statement, or any other that Trump made in the past hour or so, which includes a hint about a trade deal with China and more tariffs against India, BTC’s price reacted with a sharp nosedive.

The cryptocurrency, which has benefited substantially since Trump won the US elections in late 2024, dropped by $1,500 in minutes after it was rejected at $115,000 once again.