Guys, try to understand a few things.
Before Trump's election, there was uncertainty about whether he would win or not. But as election day approached and he kept gaining momentum, crypto—especially BTC—took a bullish turn.
However, after his victory, within a month, the market started dumping. Why? Because there were no significant statements from him regarding crypto.
We saw historical liquidations during his first two months in office—traders suffered losses like never before.
Guys, remember, Trump is not just a politician; he’s a businessman. And a businessman always thinks about himself first.
So don’t rely too much on him. Yes, his statements may pump a few selective coins, but his overall stance on crypto is unpredictable. A bull for some, but bearish for the market as a whole. In fact, his influence could be more dangerous for crypto than beneficial.
