Zinger Key Points
- Despite Trump’s pro-crypto stance, BTC has dropped from to $82,000, raising concerns about market sentiment.
- Traditional financial markets are also struggling, failing to sustain gains after Trump’s election win.
- Find out which stock just claimed the top spot in the new Benzinga Rankings. Updated daily— discover the market’s highest-rated stocks now.
President Donald Trump's pro-crypto stance has thus fair failed to push Bitcoin BTC/USD to a better performance compared to the first hundred days of his first term in office.
Trump has been an outspoken supporter of crypto since running for his second term in office, evidenced by launching his own crypto project and an executive order mandating a strategic Bitcoin reserve.
However, both traditional and crypto markets have underperformed compared to his first term.
During Trump's first term, BTC jumped 50% in his first 100 days in office, rising from under $900 to over $30,000 by the end of his presidency, Protos reported.
Despite early optimism, BTC has fallen from a peak of $108,000 on Inauguration Day to $82,500 as of Mach 13.
Bitcoin surged 26% in the first 52 days of 2017 but is down 22% in the first 53 days of 2025. The broader cryptocurrency markets and Bitcoin’s lull may be attributed to several factors:
- Lack of immediate policy action: Markets may be disappointed that Trump's administration has yet to take clear, market-moving steps to support Bitcoin, despite signing a crypto reserve executive order.
- Market maturity: Bitcoin is in a far more developed and liquid market than in 2017.
- Macroeconomic situation: Global financial conditions and uncertainty around tariffs are putting downward pressure on prices.
What's Next: Despite short-term weakness, many analysts believe Trump's crypto-friendly policies could drive long-term upside.
Standard Chartered predicts BTC will hit $200,000 by the end of 2025, driven by institutional adoption, regulatory clarity and global demand.
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