Is Trump dictating the market?

[Iranus]

however, when they later saw that he has not taking the matter seriously, it as quite discouraged some of the investors thereby withdrawing their investments in the interim.

He signed an executive order and created a strategic bitcoin reserve, he even held the first cryptocurrency summit at the White House with the goal of discussing issues related to making the United States the center of the cryptocurrency industry. He is keeping his promise and working harder to make crypto more legitimate and developed. How can you say he doesn't take it seriously?

We need to know that political power in the United States is very separate, not concentrated in any one individual or organization and Trump has done his best.

If you and everyone else are disappointed that he has not come up with any plans to buy bitcoin to add to the national strategic reserve. I can say that it is beyond his authority, only the congress can decide that, the president has no right to decide.

[RockBell]

It's very easy to pump and dump Bitcoin. Elon Musk successfully did that in 2021 and made tons of money. To be fair, I think that at the moment Trump doesn't intentionally manipulate the price because he doesn't need it now but since he is the president of the United States, which is the number one superpower in the world, his actions affect the USA and the USA affects the whole world. I think that it's not his influence but the result of micro and macro-economic factors. If the USA creates Bitcoin strategic reserves, the flow of billions of dollars will increase the price, not Trump.

This is a very common habit with  people that have influence they are always good at taking advantage of investment like Bitcoin this why they are always looking for ways to use the market to there own interest and like you said elon is a business man and he loves monopoly were by he wants to control everything because almost all the sector have a share of elon.

If elon can do it then what us stopping Trump from doing it because the moment Bitcoin have been made there reserve then they will even have more power to do everyday in there own favor and the us always want to be the one controlling a lot of things.

And I was not really happy about any governments involvement in bitcoin because we know how the government can be it is better they stick to there own way because the government is always coming into the picture with there act of manipulation there are to many complications they come with they were using good and now they have shifted to bitcoin and it has both advantages and disadvantages.

[Ever-young]

It's a rally between the confidence we are putting in the investors and the fear that is instilled in them due to the events that unfold (not even on the crypto market, but as a whole).

And we also can't brush off the fact that Trump is a wild card.

Trump is indeed a wild card, their is too much trust and confidence which most investors have on him which makes what ever move he make indirectly have little to big effect on the crypto industry, until the confidence and too much they put in him is reduce he will continue to have influence on the market.

[Negotiation]

Donald Trump cannot directly control the crypto market he is a former president of the United States and is still active in some political activities. He has no direct role or influence in the cryptocurrency or blockchain technology market the cryptocurrency market is usually influenced by governments regulators technology entrepreneurs and investors but Trump or any of his administrations have not had a major role in it. Trump has sometimes expressed his opinions such as on bitcoin but it is not part of his administration's policy.

He can influence the market through his statements and tweets though, in a way he can dictate the market, but crypto is also can be influenced by someone like elon musk and CZ, I think retailer getting hyped up after some influential figure shilling for their bag is pretty normal and kinda natural.
no doubt that trump's influence on crypto currently is pretty high though it show signs of fading because recent bullish tweet about crypto that he has made hasn't shown significant change toward the market.

Rightly said but Trump's recent comments on crypto have caused quite a bit of confusion. On the one hand he has supported crypto but he has also made some negative comments that have reduced its impact. By its very natur, the crypto market is very volatile and small changes can have a big impact. Trump's opinions or comments may have some impact given his political stance and potential legal actions by the US government but they are no longer as powerful as they once were.

[BALIK]

Rightly said but Trump's recent comments on crypto have caused quite a bit of confusion. On the one hand he has supported crypto but he has also made some negative comments that have reduced its impact. By its very natur, the crypto market is very volatile and small changes can have a big impact. Trump's opinions or comments may have some impact given his political stance and potential legal actions by the US government but they are no longer as powerful as they once were.

We need to understand that his support for crypto and making America great again have nothing to do with each other. Just because he supports crypto and is afraid of damaging it, he needs to stop implementing national economic policies? No, as the president of a country, what he needs to care about most is the country's economy and he cannot just let personal preference affect the country's development. If he became president just to support crypto, I bet Americans wouldn't support or need him.

I don't blame Trump, it's our fault for being too dependent on them and expecting them to have a positive impact on the market growth. We are creating a dependence on government that should not exist.

[Japinat]

I don't blame Trump, it's our fault for being too dependent on them and expecting them to have a positive impact on the market growth. We are creating a dependence on government that should not exist.

If we’re only talking about investing in Bitcoin, what Trump did to hype it was actually good, and even though that hype has faded a bit now, it’s still a positive thing overall. Over time, Bitcoin will continue to rise. We've seen ATH after ATH even before Trump’s influence came into play. So maybe his impact is just short-term, but if we look at the bigger picture, Bitcoin remains bullish.

[john_egbert]

I don't blame Trump, it's our fault for being too dependent on them and expecting them to have a positive impact on the market growth. We are creating a dependence on government that should not exist.

If we’re only talking about investing in Bitcoin, what Trump did to hype it was actually good, and even though that hype has faded a bit now, it’s still a positive thing overall. Over time, Bitcoin will continue to rise. We've seen ATH after ATH even before Trump’s influence came into play. So maybe his impact is just short-term, but if we look at the bigger picture, Bitcoin remains bullish.

Agreed. Manipulations don't stay too long and that's what matters for us.

BTC will prevail.

[Dailyscript]

Know the difference between dictating and influencing. When someone is dictating over something, he gives orders authoritatively, which shows complete authority over that thing, elminating the need for options. And when the person is influencing a thing it does mean his actions or speech can change the behaviour of that thing.

Trump can only influnece Bitcoin with his policies and not dicate for Bitcoin.

[Faisal2202]

Trump is indeed a wild card, their is too much trust and confidence which most investors have on him which makes what ever move he make indirectly have little to big effect on the crypto industry, until the confidence and too much they put in him is reduce he will continue to have influence on the market.

Well said, although it is very simple and straightforward that the more importance we gave to him, or to Elon also, the more impact they are going to have on BTC or any other coin respectively. I even read a topic where people thinks the current uptrend movement in BTC is due to the latest post of Trump on his X handle.

Which is totally wrong because market made this pump due to other factors and most of them are fundamental like adoption, and demand being more than now. Overall he is indeed a wild card but I fear the time when he won't be and we might need him more than now.

[Donneski]

I don't blame Trump, it's our fault for being too dependent on them and expecting them to have a positive impact on the market growth. We are creating a dependence on government that should not exist.

I personally do not think that there's a deliberate attempt by Bitcoiners to depend on the activities of Donald Trump to determine the movement of the market. I think it's something beyond our control. Remember that Trump as the US president is the most powerful man on the planet and controls the largest economy in the world and because of his public adoption of Bitcoin, big investors now act on speculations about him which in return affect the market. When the US government was against Bitcoin, we were clamoring for their adoption but didn't think about the influence they'll have on Bitcoin if they finally do. Now that the US government have become a Bitcoin whale it's expected that Trump as the president will continue to effect the movement of the Bitcoin market with his global influence.

[coolcoinz]

I don't blame Trump, it's our fault for being too dependent on them and expecting them to have a positive impact on the market growth. We are creating a dependence on government that should not exist.

If we’re only talking about investing in Bitcoin, what Trump did to hype it was actually good, and even though that hype has faded a bit now, it’s still a positive thing overall. Over time, Bitcoin will continue to rise. We've seen ATH after ATH even before Trump’s influence came into play. So maybe his impact is just short-term, but if we look at the bigger picture, Bitcoin remains bullish.

I really feel like we were doing better without his help. What would you rather have: a slow and steady grind up in a bull market or volatile one with 30% ups and downs every few months?

Personally, I'd rather see it sit at 100k, being boring than correct to 70 and shoot up to 110 and then back to 90k or something.

IMO US government insiders are having fun at the expense of inexperienced investors.

[Redley555]

Trump has significantly influenced the trend of Bitcoin. He's decisions, tarriff plans etc.

Trump is without doubt a strong force for Bitcoin

[X-ray]

I don't blame Trump, it's our fault for being too dependent on them and expecting them to have a positive impact on the market growth. We are creating a dependence on government that should not exist.

If we’re only talking about investing in Bitcoin, what Trump did to hype it was actually good, and even though that hype has faded a bit now, it’s still a positive thing overall. Over time, Bitcoin will continue to rise. We've seen ATH after ATH even before Trump’s influence came into play. So maybe his impact is just short-term, but if we look at the bigger picture, Bitcoin remains bullish.

The hype hasn't faded. It's just that the market already priced in. If you observe the market for more than a month you'd understand that market is strong despite nearing all time high.

It's such a good sign on its own that the $110k price of bitcoin is the new normal price.

Currently trump seems to be laying ground for bitcoin in term of legitimacy which honestly I think gonna bring bullish sentiment in the long run if anything.

[adaseb]

Obviously this is impossible to prove, because he himself is not taking any of these trades, because he would have to report it and it will be pretty much like insider trading. But he has tons and tons of friends of wall street who can benefits from what he does.

Look at all the times he started the tariffs, removed the tariffs, bought them back and removed them again. You could of made tons of money having insider knowledge of his tariff talks. There is also his stance on crypto. And that meme coin he launched with his wife. He obviously is benefiting from it one way or another.

[Oshio-man]

I don't blame Trump, it's our fault for being too dependent on them and expecting them to have a positive impact on the market growth. We are creating a dependence on government that should not exist.

If we’re only talking about investing in Bitcoin, what Trump did to hype it was actually good, and even though that hype has faded a bit now, it’s still a positive thing overall. Over time, Bitcoin will continue to rise. We've seen ATH after ATH even before Trump’s influence came into play. So maybe his impact is just short-term, but if we look at the bigger picture, Bitcoin remains bullish.

We know that Donald Trump is a lover of bitcoin which we have seen it during his campaign promises, that made people to pulled out to support him to become president, since he was declared as the president of U.S, the price of bitcoin and other cryptocurrencies begin to increase higher to cause users huge income from their investment, and when he spend some months in the office, he  made a proposal to make bitcoin a reserve where the government will be saving some funds weekly or monthly and hold for long term because they understand how the long term holding is favourable to holders, and immediately the news spread out about making bitcoin their reserve, the price of bitcoin double up that made some people to believe that Donald Trump is among the people that influence the price of bitcoin.

[GigaBit]

What do you guys think? Is my observation valid, or am I just overthinking it?

.
Currently, as the US President, Trump is supporting Bitcoin, so Bitcoiners around the world follow him widely, which is why his Bitcoin or any financial policy has a direct effect on the market. Although no one has the power to control Bitcoin, his policy may not have a long-term impact on the market, but it can have a big impact in the short term. I do not consider Bitcoin to be a tool of any political party. Trump is in power today, he may not be in power in the future, but Bitcoin will remain strong in its position. This coin with a supply of 21 million is gradually becoming more valuable. Investors should not invest here just on Trump's words, but continue to try to hold it for the long term. No matter which government comes, no one can influence Bitcoin in the long term.

[Rgram]

Rightly said but Trump's recent comments on crypto have caused quite a bit of confusion. On the one hand he has supported crypto but he has also made some negative comments that have reduced its impact. By its very natur, the crypto market is very volatile and small changes can have a big impact. Trump's opinions or comments may have some impact given his political stance and potential legal actions by the US government but they are no longer as powerful as they once were.

Trump isn’t controlling cryptos and certainly not Bitcoin but in some way, he’s been able to affects the way the lots of its followers use and view their investments in cryptos and Bitcoin. Make no mistake, there are those who joined or invested because, Trump went positive on cryptos and Bitcoin, these are the people that gets easily influenced today and the truth is, the impression created isn’t always a lasting one, Bitcoin market and cryptocurrency market is always enduring.

[DanWalker]

We know that Donald Trump is a lover of bitcoin which we have seen it during his campaign promises, that made people to pulled out to support him to become president, since he was declared as the president of U.S, the price of bitcoin and other cryptocurrencies begin to increase higher to cause users huge income from their investment,

Known as a pro-crypto president, his inauguration also had a significant impact on bitcoin and the market growth at the time. But let's not forget that his tariff policies and political policies have had and are having a negative impact on financial markets, including bitcoin.

and when he spend some months in the office, he  made a proposal to make bitcoin a reserve where the government will be saving some funds weekly or monthly and hold for long term because they understand how the long term holding is favourable to holders, and immediately the news spread out about making bitcoin their reserve, the price of bitcoin double up that made some people to believe that Donald Trump is among the people that influence the price of bitcoin.

 

He just created a strategic bitcoin reserve and used the confiscated bitcoins as the reserve. He never ordered or directed the US government to save money to buy bitcoin.

Ultimately, Bitcoin price never doubled just because of Trump's strategic Bitcoin reserve.

[pancelot]

I mean, just look at what happened, when he announced the tariff, Bitcoin dumped hard because people speculated that it would cause inflation, limiting investment capacity. We saw a major sell-off for days. Then, last night, Trump suddenly posted about crypto becoming part of the U.S. national reserve, and Bitcoin instantly bounced back like nothing happened.

If this trend continues, it seems like the market is reacting directly to whatever Trump says which could mean his influence is stronger than we thought when it comes to crypto.

What do you guys think? Is my observation valid, or am I just overthinking it?

It's true that the impact of public figures' statements is usually only strong at first because people are simply shocked. But unfortunately, over time, the market becomes immune, so the impact becomes smaller. Such statements only cause a brief stir, especially if they're like Trump's, which generates a lot of buzz in the short term but has no significant impact on the majority of players or the long-term trend.

[SuperBitMan]

It's a rally between the confidence we are putting in the investors and the fear that is instilled in them due to the events that unfold (not even on the crypto market, but as a whole).

And we also can't brush off the fact that Trump is a wild card.

Trump is indeed a wild card, their is too much trust and confidence which most investors have on him which makes what ever move he make indirectly have little to big effect on the crypto industry, until the confidence and too much they put in him is reduce he will continue to have influence on the market.

Yeah you are right ever since he talked about Bitcoin when he was campaigning for presidential election and after they campaign he won the election and the crypto community especially the Bitcoin community supported him very well they really voted for him because they believed if he become the president of United States he will champion bitcoin very well and through it Bitcoin we grow more bigger, so till date people are still seeing him as bitcoin hero and other cryptocurrency hero, so whenever he says something concerning cryptocurrency people really take his word very serious and act on it so he will continue influencing cryptocurrency in the world until just like you said the confidence and too much trust they put in him reduces.
I was really expecting that Trump will do more better when you when it concern Bitcoin in order to champion Bitcoin more but he's not really doing to my expectation however it's fine I understand he has a lot of duties as the United States president.