Trump’s First 100 Days Wiped $520B From Crypto—Turns Out ’Draining the Swamp’ Included Digital Assets Too

Market carnage hit crypto harder than a late-night tweetstorm—Trump’s early presidency saw half a trillion vanish from the sector. Traders got a brutal lesson in political risk, and ’HODL’ turned into ’OH NO’ faster than you can say ’executive order.’

Wall Street analysts shrugged—after all, it’s not a real crash until the bankers start losing money. Meanwhile, Bitcoin maximalists quietly updated their ’uncorrelated asset’ PowerPoint decks.

President Trump’s 100 Days Wreak Havoc on Crypto Market

The return of US President Donald Trump has brought with it tremendous Optimism for the country’s financial standing. The US stock market and cryptocurrency sector were expected to shift upward. Moreover, with an unprecedented 140 executive orders, he wielded near-unprecedented power to tackle any issue he deemed necessary.

Yet, that has not been able to propel the digital asset industry to this point. Indeed, US President Trump’s first 100 days have seen the crypto market value drop by an astounding $520 billion. Although he is seeking to reshape policy, it has not equated to upward price momentum for the sector.

According to a report from Finbold, the crypto market had a total value of $3.49 trillion on January 20th. As of April 29th, the 100-day mark, that figure dropped to $2.97 trillion. Since then, that figure has returned above the $3 trillion mark, although concerns persist

The country is in an increasingly vulnerable economic position. With its first contraction taking place in three years, there are justified worries. Moreover, the country is positioning itself in a brewing trade war with China and increasing tariff conflicts with a host of nations. To this point, cryptocurrencies are just one of the sectors affected.