Bitcoin, Trump
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Bitcoin surged in the wake of President Trump's reelection, pushing to new highs deep into 2025. Now it's down more than 50% from that peak.
Bitcoin fell as much as 5% on Friday as the original cryptocurrency faces an extended wave of selling pressure, approaching a low not seen since before US President Donald Trump won reelection.
Bitcoin rallied toward $74,000 after Donald Trump headed to the Situation Room for a final Iran decision, as analysts noted BTC is acting like digital gold.
Blockchain is the technology underpinning all cryptocurrencies, and many related products like non-fungible tokens (NFTs). In essence, it is a virtual spreadsheet on which all the buying and selling of crypto is recorded. They are arranged in blocks linked together in a giant chain - hence the name.
American Bitcoin — the crypto mining firm backed by Donald Trump Jr. and Eric Trump — is set to go public via a merger with Gryphon Digital Mining, aiming for a Nasdaq debut in September.
Bitcoin plunged over 15% in a week, erasing post‑election gains and hitting younger crypto investors hardest.
Bitcoin briefly fell below $73,000 despite a fresh push from Donald Trump for the CLARITY Act, suggesting pro-crypto messaging from Washington is losing its ability to drive gains in digital assets.
A veteran critic sees trouble ahead.
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6 Trump family crypto bets getting crushed in Bitcoin's crash (and why they're still winning)
Bitcoin's below $62K. The Trump family is bleeding billions on paper — but they already cashed out. Investors didn't.