Trump's crypto love: a blessing or a curse for the markets?

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Before the American election, Trump made good comments about crypto, since then crypto people have been supporting Trump, many people think that if Trump wins the election, then maybe we will see a huge pump in crypto currency, Then Trump won the election, then Crypto Currency did not pump, but Bitcoin BullRun was seen, And Trump is constantly seen making very good comments about Bitcoin, as a result of which Bitcoin is gradually pumping a lot, But we are noticing that after a few days, Donald Trump is doing different kinds of dramas, issuing these tariffs, and again wanting to keep the tariffs closed for a certain period of time, and this kind of drama is having a huge negative impact on the crypto market, Trump himself launched a Mimi coin, and this coin has been widely criticized,

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There has also been a huge calendering incident with Trump Coin,
Trump Coin quickly achieved a market cap of $27 billion. However, there is a potential conflict of interest as 80% of the coin is owned by Trump-linked companies. Most investors have suffered losses, with various news sources reporting that around 80% of Trump investors have suffered losses,
According to Chainalysis and CNBC, around 764,000 of the 2 million wallets have suffered losses.
And in this, Trump has traded huge amounts of money from the market, after trading a large amount of Trump coins,
Trump's wife launched her own Mimi coin, and there was a huge scandal in that coin too,
For the past few days, a news has gone viral in the media, Elon Musk and Trump's friendship has been destroyed, and after this news went viral, the crypto market and the stock market also had a huge negative impact, more than $ 1 billion was liquidated in the crypto market, Bitcoin fell from $ 105K to $ 100K overnight,
Musk's TSLA Stock is down -14% and Musk lost $ 34B, which can be called the biggest loss in Musk's life,
We all know that crypto currency is a decentralized currency, but Trump has centralized it for his own interests,

Because he plays different kinds of dramas after a while, and this also has a bad impact on the market, now I think those who invest in crypto in the hope of bullRun , it is better to move from the market at this time, because even if there is any good news in the market, it will be because investors do not want to invest in alternative coins for Bitcoin,
I hope everyone understands how much of a threat Trump is to the crypto market, now Crypto Currency Trump has become the face, Trump's good comments and bad comments, whatever he does will have the same effect on the market



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