Crypto: Breaking How Does Trump Influence The Price Of Bitcoin?
US President Donald Trump has influenced cryptocurrency market movements through his policies and speeches declaring ambitious crypto goals.
Over the weekend, US President Donald Trump announced a raft of new tariffs in response to a Supreme Court decision that ruled many of his previous tariff hikes unconstitutional.
Following news of the tariff hikes, crypto markets tumbled in an all-too-familiar pattern that has plagued the industry since April 2025, when Trump introduced the first spate of aggressive tariffs.
Analysts have long noted the downward pressure these tariffs have put on crypto markets. But the US’ 47th president also has the distinct ability to pump markets.
Bullish comments from the White House have also moved the needle, meaning both Trump’s actions and statements are influential. Here’s a look at the times Trump has moved crypto markets.
The Trump family’s crypto project, World Liberty Financial (WLFI), bought several different tokens just hours before he took his oath on Jan. 20, 2025. The tokens included wrapped Bitcoin (WBTC), Ether (ETH), Tron (TRX), Aave (AAVE), Ethena (ENA) and Chainlink (LINK).
The aggressive buying was a strong pro-crypto signal in the lead-up to his official blockchain agenda.
Bitcoin’s price increased 4.5% after 24 hours. The seven-day chart showed a decrease of 1.47%.
Trump signed executive order 14178 just three days after he took office. The order banned the possibility of a US central bank digital currency and founded the Presidential Working Group on Digital Asset Markets to “strengthen U.S. leadership in digital finance.”
This marked the beginning of the Trump administration’s pro-crypto agenda. As neatly summarized by pro-crypto Senator Cynthia Lummis that same day, “Big things are coming.”
