• 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

Project Eleven and Ripple Collaborate to Secure XRP Ledger Against Quantum Threats

chest

Project Eleven has partnered with Ripple to enhance the XRP Ledger's security against quantum computing threats.

user avatarAisha Farooq

Solana's Perpetual Futures Volume Hits All-Time High

chest

Solana's perpetual futures volume has reached an all-time high of about $20 billion, indicating increased trader engagement and speculative activity.

user avatarTenzin Dorje

Trump Shifts Crypto Focus from Meme Coins to Bitcoin Investments

chest

US President Donald Trump and his family have made significant investments in Bitcoin-related firms, moving away from meme coins.

user avatarBayarjavkhlan Ganbaatar

Senator Elizabeth Warren Raises Concerns Over OCC's Crypto Charters

chest

Senator Elizabeth Warren raises concerns about the OCC's approval of national trust bank charters for crypto firms, questioning their eligibility and potential regulatory violations.

user avatarElias Mukuru

XRP ETFs Experience Record Inflows Amid Market Consolidation

chest

XRP spot ETFs have recorded their highest weekly inflow since January 2026, totaling $605 million, despite a low price environment.

user avatarMohamed Farouk

Citadel Advisors Takes Major Position in XRP ETFs

chest

Citadel Advisors has reportedly made significant moves into Spot XRP ETFs, closing all put options on the Canary XRP ETF while maintaining call options, signaling a bullish outlook on XRP prices.

user avatarDiego Alvarez

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.