Cryptocurrency

The cryptocurrency market has rolled back to November 2024 levels, losing all the gains driven by Trump’s victory in the U.S. presidential election.

Donald Trump increased the global tariff from 10% to 15%, yet the cryptocurrency market showed almost no reaction — Bitcoin held near the $68,000 level, and Ethereum also showed no notable movement.

On Tuesday, Bitcoin lost all the gains it had made following President Donald Trump’s election victory in early November 2024. The sell-off continued on Wednesday, when the world’s largest cryptocurrency briefly fell below $72,000.

The growth of USD1 was driven by an application from World Liberty Financial to establish a trust bank, filed with the U.S. Office of the Comptroller of the Currency (OCC). If the application is approved, the company will be able to issue, redeem, convert, and custody USD1 under federal supervision.

The decline in Bitcoin and other risk assets followed threats by U.S. President Donald Trump to impose 10% tariffs on goods from eight European countries starting February 1. If no agreement is reached, the tariff rate is set to rise to 25% from June 1.

Trump’s fortune increased by $3 billion from September to September, allowing the politician to take the 201st place on Forbes’ list of the 400 richest people in the United States. The growth was driven by the Trump family’s investments in cryptocurrency, the magazine writes.

In recent days, the meme coin TRUMP has started to recover after a 90% drop earlier in 2025. Both technical and fundamental indicators suggest that the token could climb another 70% by the end of the year.

U.S. President Donald Trump has pardoned Changpeng Zhao, the convicted founder of the cryptocurrency exchange Binance, according to Reuters, citing a White House representative.

Global cryptocurrency markets surged on Sunday, adding $180 billion in market capitalization after panic over the U.S. tariff policy toward China appeared to subside.

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American President Donald Trump faces the threat of impeachment due to a cryptocurrency-related scandal.

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The family business World Liberty Financial became a profitable venture for Trump and his sons within a day of the launch of public trading in WLFI tokens. With the Trump family owning more than 22.5 billion WLFI, the current value of these assets is about $6 billion, added the Morning Minute host.

Cryptocurrency

Bitcoin edged higher on Wednesday after hitting a seven-week low in the previous session, as risk appetite remained weak following U.S. President Donald Trump’s attempt to fire Federal Reserve Governor Lisa Cook, which heightened concerns about the central bank’s independence.

The price of the leading cryptocurrency surpassed $117,000 after U.S. President Donald Trump signed a new executive order on retirement savings.

On Tuesday, crypto and stock markets saw a slight downward correction. Bitcoin (BTC) fell below $113,000 after U.S. President Donald Trump announced that new tariffs would be implemented next week. The crypto market dropped 1.82%, while S&P 500, Nasdaq, and Dow declined by 0.28%, 0.36%, and 0.03% respectively.

Trump Media and Technology Group Corp. (Nasdaq, New York Texas: DJT) announced today that the company has accumulated approximately $2 billion in Bitcoin and Bitcoin-related securities as part of its previously announced Bitcoin treasury strategy.

President Donald Trump signed the GENIUS Act just one day after it passed the House of Representatives with a 306–122 vote.