Cryptocurrencies Backed by President Trump Average a 60% Decline
Yahoo Finance ·
Cryptocurrency endorsements and promotional activities by President Donald Trump since his return to office in January 2025 have yielded dismal results for investors. An August analysis by BeInCrypto revealed that eight digital assets highlighted by the president suffered an average price drop of roughly 60%. Although these tokens initially jumped by an average of 31% within the first 24 hours following his remarks, the momentum completely evaporated. Every single one of the eight events resulted in negative returns within 30 days compared to pre-endorsement levels. A notable instance occurred on March 2, 2025, when Trump teased a U.S. crypto reserve featuring XRP, Solana, and Cardano. The announcement instantly injected over $329 billion into the broader market, sending Cardano up 75%, XRP up 32%, and Solana up 27%. However, a subsequent executive order four days later omitted authorization to purchase these three tokens. By August 20, Cardano had plunged roughly 73% below its valuation prior to the March announcement. With Hyperliquid now drawing presidential attention, market participants remain exceptionally cautious.
AI 시장 분석
It has been revealed that eight cryptocurrencies mentioned by US President Donald Trump since his inauguration in 2025 have dropped by an average of 60%. Although they surged an average of 31% within 24 hours of his remarks, all of them turned downward within 30 days. Investors must exercise extreme caution against the risks of short-term volatility driven by temporary presidential remarks.
하락 영향
- Bitcoin — Conflicting policy announcements by the Trump administration regarding strategic petroleum reserves and digital asset reserves have amplified volatility, negatively impacting short-term investor sentiment.
DYAX 전담 분석
President Trump's mentions of cryptocurrencies temporarily drew excessive buying pressure into the market, leading to an increase of over 329 billion dollars in market capitalization within three hours. However, as it failed to lead to concrete government purchases or institutionalization, all assets recorded negative returns within 30 days.
Additional volatile market conditions are expected depending on the future elaboration of regulations, and key indicators such as the feasibility of policies and the execution of actual purchases must be monitored.
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DYAX Investor Sentiment
Bullish (Long) 44% · Bearish (Short) 56%
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