The White House victory was supposed to transform the crypto sector, but for most of the year it has not been rewarded with long-term holders of major cryptocurrencies.
Certainly, Bitcoin and other top tokens reached record highs when industry-favoured candidate Donald Trump defeated Kamala Harris and concluded an era of close surveillance and crackdowns in the Biden administration. However, XRP prices for Bitcoin, Ether and Ripple were primarily drooping in 2025, saving except for fleeting rallies, including subsequent highs that coincided with Trump’s inauguration.
Bitcoin jumped out once again alongside the stock market on Wednesday after the president paused over a tariff hike, but it turns out that Token’s latest appearance is just temporary, above $80,000. On past days, BTC reduced its 3.6% to around $79,608 as of 3:54pm. In 2025, the number has dropped by more than 14.8% so far. It often drags the stock market volatility that has come to define the early days of the second Trump administration.
The second reading token by ether, the market capitalization, is much worse. It fell 8.8% over the past 24 hours to around $1,523. So far this year, we have around 54.3% of the tanks. Meanwhile, XRP has cut 4.4% to $1.96 in the past day. Since January 1st, I’ve skied about 6.6%.
Publicly traded crypto stocks also wilted on Thursday. The top US Crypto Exchange Operator Coinbase (Coin) fell 5.5%, leading Bitcoin Holder MicroStrategy (MSTR) fell about 9.9%, and Bitcoin Mining Company Mara Holdings (MARA) fell 6.9%.
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