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While campaigning for the presidency in 2024, Donald Trump promised to become the "crypto president." But since he began his second term in January, cryptocurrency values have crashed.
Bitcoin saw its price fall from over $100,000 on Inauguration Day to $81,000 as of this writing. It's worth pointing out that broader financial markets have declined as well, with the S&P 500 down about 12% since President Trump took office.