Well ever since Trump came on board he has made lots of policies that in a long run will help reduce some illegal activities in the crypto space even though the democrats have been a bit against his policies though, however, my concern on this issue is that why is there still reduction in the value of bitcoin from the price that Trump met bitcoin to it’s current value today despite Trumps interest and involvement? sincerely i felt that with Trumps interest in bitcoin and all the policies that he has put in place that by now the value of bitcoin would have further increased from what it was when he assumed office to a higher value but it seems like the reverse is the case. Initially when he assumed office there was an increase in the market value of bitcoin up to the point that bitcoin got to an all time high but ever since then it has been in a downward trend.
Trump's sons own a company, ABTC, which is also losing money. I don't know how accurate this is, as many companies sometimes use this method to avoid excessive taxes.
Most likely, Trump also didn't know the price of Bitcoin would fall, otherwise his sons would have started a different business.