Congratulations to the criminal mastermind, Trump, for rallying the alt-coin market into dumpster fire that he just ignited.
A president who was supposed to be a friend of crypto community turned out to be the worst nightmare for us, and this is just the beginning. A year that was supposed to be a year where most of us can make some money (forbid us small guys make a dough) just got sucked into this vortex of nightmare because of bunch of radical right wingers.
Impeachment can't come any sooner this time around to stop this bleeding...
Not sure Donald Trump caused this dump on altcoins, it's just cryptocurrency market reaction from other markets conditions. I think that Donald Trump decision on 25% tariff was what actually triggered this dump in the crypto market which has mainly affected altcoins.
What mainly caused the bizarre wasn't about Trump but can be majorly attributed to the DeepSeek R1, a Chinese AI model that was launched with a cheaper cost than the US Open-AI, it was this challenge to the market that disrupted and affected the crypto market. Trump tariff announcement plan was just a tip of the iceberg which may have had little or no significant impact on the crypto market as we have it right now.
Where were you when Trump influence impacted greatly to the price of bitcoin and other cryptocurrencies before, during and after his election as US President?