Hiltzik: Crypto promoters saw Trump as their savior. Then reality set in
Yahoo Finance·2025-11-28 11:00

To a certain extent, it's a confluence of factors, not all of which can be blamed on Trump. But his economic policies, including his on-and-off-again tariff announcements, have certainly accounted for some of the notable crypto downdrafts of the last 11 months. Other geopolitical developments haven't been friendly to crypto.Since Trump's Jan. 20 inauguration, bitcoin has lost more than 11% of its value. In the same period, the stock market, as measured by the Standard & Poor's 500 index, has gained nearly 1 ...