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Bitcoin Decreases by 13% in the First 50 Days of President Donald Trump's Second Term
Bitcoin once again dropped 13% in the 50 days following the initial price increase, possibly caused by Trump's second term in 2023. Historical data from CryptoRank indicates that Bitcoin decreased by 13.5% in the first 50 days of Trump's second term following a sharp price increase after the inauguration, reminiscent of its first 50 days in the first term in 2017.
Now in this initial drop, this is a cause for concern, but price history has shown that this seems to be the trend that Bitcoin pursues, namely an initial drop followed by a strong recovery. As of March 11, 2025, the price of Bitcoin seems to be following the pattern seen in 2017, with good potential for price increases in the coming months, indicating a price recovery is underway. Comparison of Bitcoin price action in the first and second terms of Donald Trump This is the first 100 days of Donald Trump's second term, and some notable events related to the price action of Bitcoin. It surged 23.2% in the early weeks of 2017, during the first term of President Trump, only to drop 13.5% shortly after. Similar to the pattern before, Bitcoin in Trump's second term initially dropped 13% before starting to rise. This trend traditionally indicates a recovery in the price of Bitcoin after 50 days since the president took office. Such trends reflect how the market generally reacts during periods of political instability to government policies, with Bitcoin often seen as a hedge against macroeconomic shocks. Identifying the path to recovery: The potential recovery ability of Bitcoin Currently, after a 13% decrease, Bitcoin appears to be recovering, going through a 56.8% increase in the first 100 days of Trump's second term. This price action is similar to Bitcoin's behavior in Trump's first term, when after an initial 13.5% decrease, it increased by 56.8%. For long-term investors, the current scenario presents a buying opportunity as cryptocurrencies have the potential to recover lost ground and even advance further. This anticipated decline and the subsequent price surge are phenomena observed in political and economic crises. What does this mean for investors in the future? For investors, the price adjustments of Bitcoin in the past are believed to be due to Trump's presidency creating a trend-locking cycle. Indeed, what happened in the first 50 days of his second term as president is not an anomaly but a cycle. If that story repeats itself, Bitcoin is likely to take off soon, as the 2017 story reached a positive breakthrough of 56.8%. Therefore, these upcoming trends will be very interesting for investors to follow.