The cryptocurrency market was anticipated to thrive in early 2025 with Bitcoin's halving and a pro-crypto Trump as President. Yet, the market has faced unexpected decline from its late 2024 peak, now below $3.2 trillion due to investor wariness over economic conditions and potential scams. Although Trump's policies suggest a supportive environment for crypto, concerns regarding taxation and regulation could hinder investor confidence and lead to market volatility.
"There are concerns about how Trump's policies could affect cryptocurrency markets in the long term," suggests Maxim Manturov, head of investment research at Freedom24.
"In addition, any significant market corrections or increased volatility could lead to a reassessment of risk among cryptocurrency investors.
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