Donald Tramp is the worst thing that could happen in crypto!
I will never claim that I liked Trump. I was never a fan of Trump. In his first term, he essentially called Bitcoin fraud, and this time, it’s responsible for weak performance in the bull (bullish) market.
If Trump hadn’t applied those tariffs, the decline in the first quarter of 2025 (Q1) would never have happened, and I believe we could have reached about 160k; therefore, today’s bear market would have been terrible like everyone else, but not as terrible as it is now.
During the Biden era, the SP500 and $BTC were moving side by side—no doubt BTC would have crashed this year, but the impact would never have been this bad.
During the Biden and Gensler era, they kept the scammers out. Meme coins together are the same size as Ethereum by market cap. Among them, there is a crypto exchange called Change, and what those who have been hurt by them want is for the U.S. Department of Justice (DOJ) to sue them. Biden and Gensler targeted bad actors.
Please, let’s not get into empty talk like left-wing or right-wing capitalism, socialism—this is purely about crypto.