US-produced coins have performed poorly in the first 100 days of Trump's new term, with all five top assets linked to the US declining by at least 20% since January 20. This occurred despite the administration's friendlier tone towards cryptocurrency and a recent wave of regulatory easing.
In contrast, non-US coins like Bitcoin and TRON have held up better, showing greater resilience even as Ethereum and Dogecoin recorded significant losses. This divergence highlights the impact of broader policy pressures—such as tariffs—that may offset domestic cryptocurrency reforms.
Made in USA Coins Struggle Under Trump
All five top 'Made in USA' coins have declined by at least 20% since January 20, the day Trump took office. Although recent short-term gains have helped improve sentiment, the overall trend in 100 days remains negative for these US-related assets.
This performance is achieved despite expectations for a more favorable environment for cryptocurrency under the current administration. Solana (SOL) is the weakest performer in this group, down over 41% since Trump took office, even after rising more than 18% in the past 30 days.
On the other hand, SUI has risen by 58% during the same period, supported by strong growth in meme coin trading and decentralized exchange (DEX) trading volume. Recently, it has become the fifth largest chain by DEX activity.
ADA, LINK, and XRP all recorded modest gains of 7% to 10% in the past month, but still dropped more than 24% in the first 100 days of the administration.
The overall performance of Made in USA coins has differed from initial expectations after Trump returned, including promises of a friendlier stance towards cryptocurrency.
While the SEC, currently chaired by Paul Atkins, has dismissed some lawsuits against cryptocurrency companies, eliminating regulatory overlap, other policy developments could limit upward momentum.
In particular, ongoing trade pressures related to Trump's tariff strategy may create further obstacles for US-linked cryptocurrency assets.
Despite ETH and DOGE Losing Value, Non-US Currencies Remain Resilient
Among the five largest non-US currencies, only two recorded significant losses in the past 100 days. Ethereum (ETH) has decreased by more than 43% and Dogecoin (DOGE) has dropped nearly 51%.
These declines stand out, especially when considering the more stable performance of other top assets. Bitcoin (BTC) only dropped 6% in the same period, while BNB fell nearly 12%.
Short-term trends provide a more balanced view. Bitcoin has increased by nearly 16% in the past 30 days, reflecting stronger momentum compared to other coins.
DOGE increased by more than 7% in the same timeframe, while BNB and ETH remained unchanged. TRON (TRX) is the only top coin outside the US-linked group that recorded gains in both timeframes, rising 7.5% in the past 100 days.
The broader global asset group has performed relatively better than Made in USA coins. Although ETH and DOGE have suffered significant losses, this group has still outperformed Made in USA coins like SOL and ADA, many of which have declined by more than 20–40% in the same timeframe.
This discrepancy shows that while sentiment among management in the US may improve, macroeconomic disadvantages and specific policy issues may weigh more heavily on domestic cryptocurrency assets.
