Unfortunately, too many people react to every announcement that comes from the US president, and these people, whether someone likes it or not, shape the cryptocurrency market. Those who follow what's happening in politics can profit a lot from it (it's always been that way), only now it's got a completely new dimension - all you have to do is follow one account on the social network and make your trades in relation to what is published.
They overreacted with earliest policies and announcements from Trump but with time, they have been getting more familiar with such things and will be less affected. Recently I read news that there are calings on media that if Trump announces tax war again, it's time for purchasing stocks because he will revoke it later or reduce its severity.
I don't say it is right or wrong thinking but it's one of latest signals that people are more familiar with Trump's announcements so market will become less affected in future.