Post
Topic
Board Economics
Re: The Trump Dump
by
Reatim
on 08/04/2025, 06:42:48 UTC
This seems like classic weak hands being shaken out. After yesterday's sharp drop, Bitcoin has already rebounded to $80K, an incredibly fast recovery from what looked like a collapse. But honestly, we shouldn't be surprised by these violent swings anymore; they've become the norm in crypto markets. While some might link this volatility to Trump's recent policies, the truth is these wild fluctuations can happen anytime in our space.
just because trump has become so heavily involved with crypto does not mean the market now revolves around him and his policies while bitcoin may get affected, not everything is caused by trump directly and this prices might not be one of those as well

i think that after bitcoin got to below $80k a lot of people saw this as an opportunity to buy and the demand was so high and sudden that it just got back up this just shows how much trust the community has for bitcoin