#Trump100Days During Donald Trump's first 100 days in office, his policies and rhetoric had a noticeable impact on the cryptocurrency market. The president's trade policies and tariffs created market shocks that influenced crypto prices . Specifically, the ongoing trade war with countries around the world introduced uncertainty, which contributed to volatility in the crypto markets .

Bitcoin, for instance, experienced a decline of about 8% since Trump took office . At one point, Bitcoin fell below $75,000 after reaching over $109,000 following Trump’s inauguration . Similarly, other cryptocurrencies like Ethereum saw price drops during this period .

The broader crypto market also reflected these trends, with the crypto market cap crashing by 14.7% . Although there were some rebounds from recent lows, the overall sentiment was risk-off, leading to a tumble in bitcoin prices for much of the 100-day period .

While some experts noted that Trump's actions and appointments were more symbolic than substantive in terms of direct effects on the crypto market , the uncertainty surrounding his policies played a role in shaping market dynamics.$BTC