Bitcoin & XRP Price Recovery: Why Trump’s Crypto Promises Are Falling Short
By: Swarnalata
Published on: Apr 03, 2025
Key Takeaways:
- Bitcoin (BTC) rebounds to $84,089, up 2.6% in 24 hours.
- XRP surges 5.2%, Ethereum (ETH) gains 4.9% in early trading.
- Despite early gains, cryptos remain down ~25% since Trump’s inauguration.
- Trade war fears and economic uncertainty continue to pressure risky assets.
Bitcoin and XRP Show Signs of Recovery
After a four-day downtrend, Bitcoin (BTC) climbed 2.6% to 84,089∗∗,while∗∗XRP∗∗surged∗∗5.284,089∗∗,while∗∗XRP∗∗surged∗∗5.22.18, according to CoinDesk data. Ethereum (ETH) also saw a 4.9% increase, trading at $1,883 in early Tuesday sessions.
This upward movement comes despite broader market concerns over Trump’s trade policies, which have fueled economic uncertainty.
Why Trump’s Crypto Boost Has Fizzled Out
In late 2024 and early 2025, cryptocurrencies soared on hopes that Donald Trump’s pro-crypto stance would propel the U.S. into becoming the "crypto capital of the world." However, the market has since lost momentum.
- Bitcoin is down ~25% since its all-time high of nearly $110,000 on Trump’s inauguration day (Jan. 20, 2025).
- XRP, Ethereum, and other altcoins have followed a similar downward trend.
Key Factors Weighing on Crypto Markets:
- Trade War Escalation – Trump’s tariffs have increased market volatility.
- Risk-Off Sentiment – Investors are shifting to safe-haven assets like gold (which just had its best quarter since 1986).
- Regulatory Uncertainty – Despite pro-crypto rhetoric, clear policies remain absent.
Will Cryptos Bounce Back?
While today’s recovery is a positive sign, the long-term outlook remains uncertain. If trade tensions ease and regulatory clarity improves, Bitcoin and XRP could regain bullish momentum. However, for now, investors remain cautious.
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