Crypto market wipes over $700 billion since Trump’s return to White House

Donald Trump’s re-election in November 2024 proved to be an impressive bullish catalyst for the cryptocurrency market, as it swiftly led to a rally for many digital assets. This rally generated 11,000 new Bitcoin (BTC) millionaires and enabled BTC to reach above $100,000, eventually hitting its intraday all-time high (ATH) of over $109,000. Donald Trump’s actual presidency had the opposite effect, as it led many cryptocurrencies lower as they began following other risk assets in their downturn amidst the growing economic uncertainty.  Indeed, when the billionaire took office, the total digital assets market capitalization stood at $3 source: https://finbold.com/crypto-market-wipes-over-700-billion-since-trumps-return-to-white-house/