In the first 100 days of Donald Trump's second presidency (January 21 - April 30, 2025), the number of bitcoin addresses with a balance of over $1 million decreased by 23,310, which is 13.22% of the total. According to a Finbold study, there were 176,364 such addresses on January 21, and by April 30, their number had dropped to 153,054. The most affected were addresses with assets over $10 million, losing 18.3% (3,441 addresses). In total, 3 million addresses with a balance of $1 disappeared, equivalent to 3.28% of the total.
The decline is attributed to market volatility caused by Trump's trade wars and macroeconomic uncertainty. Although $BTC rose from $75,000 to $95,000 in the second half of April, it did not offset the losses. Despite Trump's promises to make the U.S. a 'crypto capital,' his policies, including tariffs, intensified pressure on the market.
Crypto investors are advised to remain cautious, analyze market trends, and keep an eye on the news. May may bring new opportunities but requires a strategic approach.
#Bitcoin #CryptoMarket #TrumpEffect #cryptocrash #MiningUpdates
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