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The Clay Artisan of Bitcoin: How Trump’s Words Mold Crypto Trends

The Clay Artisan of Bitcoin: How Trump’s Words Mold Crypto Trends

Bitcoin.comBitcoin.com2025/03/05 23:55
By:Bitcoin.com

One thing remains certain: ever since Donald Trump assumed the role of the 47th President of the United States, global markets, equities, commodities, precious metals, and crypto assets initially brimmed with optimism. Yet, the moment Trump announced he would impose tariffs on specific countries such as Canada, Mexico, and China, markets plummeted dramatically.

The Clay Artisan of Bitcoin: How Trump’s Words Mold Crypto Trends image 0When tariffs are discussed, crypto markets are not spared, and to date the crypto economy has experienced four routs following Trump’s tariff comments. Trump’s rhetoric has also propelled bitcoin (BTC) upward, most notably following his January 2024 inauguration, when the asset soared to unprecedented heights—a rally met with his cheeky nod to crypto enthusiasts: “you’re welcome.”

His recent declaration about integrating XRP, SOL, and ADA into a federal digital reserve sent valuations skyrocketing within hours. An hour later, after doubling down on plans to prioritize BTC and ETH in this framework—affirming he “loved” the duo—markets again rippled with anticipation.

The Clay Artisan of Bitcoin: How Trump’s Words Mold Crypto Trends image 1

Meanwhile, his tariff overhauls have rattled U.S. equities, with major indices shedding billions this week. Even traditional finance (tradfi) titans now acknowledge Trump’s gravitational pull: CNBC highlighted Simplify Asset Management’s chief strategist Michael Green dissecting the phenomenon, noting how Trump’s market theatrics rewrite trading algorithms.

“The thing that we have emphasized over and over again is that Trump introduces uncertainty,” Green said. He added:

We now are at a point where a single tweet or a single release of information can significantly change the interpretation of what markets look like.

Digital asset markets gleamed with vigor on March 5 as bitcoin hovered near the $90,000 frontier, traders anticipating gains ahead of Friday’s impending White House Crypto Summit. Whispers of Trump’s imminent blueprint for a federal digital reserve strategy crystallize the 47th president’s role as a market potter—his political fingers kneading crypto market valuations like pliable clay, each policy gesture leaving fresh imprints.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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