• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

US Crypto Stocks Fall Following Trump's First Day

user avatar

by Giorgi Kostiuk

a year ago

US crypto stocks saw a significant decline after Donald Trump's first day as president, amid the crypto community's hopes for specific actions.

Crypto Stock Market Situation

On Trump's first day in office, with no mention of cryptocurrencies, the prices of US crypto companies' stocks fell. Riot Platforms' stock declined by 4.85%, Mara Holdings by 1.76%, Terawulf Inc by 6.88%, and CleanSpark dropped by 7.67%.

Bitcoin Dynamics

Despite market volatility, Bitcoin continues its upward trend towards its recent all-time high, gaining 3.45% in the past 24 hours and reaching $105,770.

If Ross Ulbricht got the pardon, we are definitely getting the Strategic Bitcoin Reserve.

General Economic Situation

While crypto stocks were down, the overall stock market showed a slight increase. The S&P 500 rose by 0.88% amidst optimism about Trump's pro-business administration. The US dollar also continued its decline.

Donald Trump's first day in office did not include discussions on cryptocurrencies, leading to a decrease in crypto companies' stocks. However, amid economic optimism, Bitcoin continued to rise.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SharpLink Resumes Ethereum Accumulation After Eight-Month Pause

chest

SharpLink has resumed its Ethereum accumulation after an eight-month pause, acquiring 5,000 ETH worth approximately $7.85 million through FalconX.

user avatarZainab Kamara

Cryptonews Implements Strict Editorial Policy

chest

Cryptonews has recently established a strict editorial policy that focuses on accuracy, relevance, and impartiality.

user avatarSon Min-ho

Bithumb Fined 210 Million Won for Data Transfer Violations

chest

Bithumb was fined 210 million won for sharing user data without proper consent.

user avatarAyman Ben Youssef

BEA Releases May 2026 PCE Data

chest

The Bureau of Economic Analysis (BEA) has published the Personal Consumption Expenditures (PCE) data for May 2026, providing updated insights into consumer spending and economic trends.

user avatarTando Nkube

ARK Invest Boosts Holdings in Crypto-Linked Stocks Amid Market Pullback

chest

ARK Invest has increased its holdings in regulated crypto-linked stocks during a market pullback, reflecting a strategy to maintain exposure to public crypto infrastructure.

user avatarKofi Adjeman

Risks in the AI Market Amidst Stock Surge

chest

Experts warn of potential risks in the AI stock market, drawing parallels to the late 1990s dot-com bubble.

user avatarSatoshi Nakamura

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.