Does Donald Trumps posses potential of influencing bitcoin price?

[Zigabel]

As the president of the US I will say yes Trump can influence the price of Bitcoin due to their economic strength, it was seen some few months back when he announced the involvement of the US in Bitcoin and cryptocurrency generally but I know that as an Individual Trump alone cannot influence the price of Bitcoin greatly, there are other Bitcoin whales who as individuals has not influenced the price of Bitcoin as much, such magnitude of price influence can be seen mostly with institutions and governments like that of the US asides which other my be minor impacts, so yes as the president of the US Trump can influence the price of Bitcoin but as an individual I doubt his capacity enough to do that.

[dimonstration]

Yes and this proven many times in the past especially during his election and early days of presidency when he manipulated the Bitcoin price by using the Bitcoin reserve hype.

He even has his own meme coin that pump big time just because he promotes it.

President Donald Trump is one of the most influential man in the world since he is the POTUS.

[Creeper0]

Although Trump's influence on the Bitcoin market is noticeable, he cannot control the Bitcoin market. Trump was not there once, but Bitcoin has fluctuated regularly. Trump will not be there someday, but Bitcoin will fluctuate. Basically, some news in daily life will affect the price of Bitcoin, not only Trump. So this instability is not controlled by Trump, but by the chair of the US President. The day the world gets rid of US dependence, the Bitcoin market will no longer be unstable due to Trump's speech. Basically, those news items affect Bitcoin that create instability among people, whether it is Trump or someone else. No one can control Bitcoin, not even the price.

[Danica22]

As the president of the US I will say yes Trump can influence the price of Bitcoin due to their economic strength, it was seen some few months back when he announced the involvement of the US in Bitcoin and cryptocurrency generally but I know that as an Individual Trump alone cannot influence the price of Bitcoin greatly, there are other Bitcoin whales who as individuals has not influenced the price of Bitcoin as much, such magnitude of price influence can be seen mostly with institutions and governments like that of the US asides which other my be minor impacts, so yes as the president of the US Trump can influence the price of Bitcoin but as an individual I doubt his capacity enough to do that.

More precisely, President Trump has the ability to influence Bitcoin and financial markets in general because he is temporarily holding political power. However, once he leave this position, he will be no different from us and what he say will no longer influence the market. In other words, what really impact Bitcoin are the economic and political policies of the US, and Trump simply represents that power for this period of time

America is a superpower, and anyone in Trump's position could do the same.

[suhadi88]

Although Trump's influence on the Bitcoin market is noticeable, he cannot control the Bitcoin market. Trump was not there once, but Bitcoin has fluctuated regularly. Trump will not be there someday, but Bitcoin will fluctuate. Basically, some news in daily life will affect the price of Bitcoin, not only Trump. So this instability is not controlled by Trump, but by the chair of the US President. The day the world gets rid of US dependence, the Bitcoin market will no longer be unstable due to Trump's speech. Basically, those news items affect Bitcoin that create instability among people, whether it is Trump or someone else. No one can control Bitcoin, not even the price.

Yes, as you said, there is influence, but no control. Currently, we admit that headlines about Trump can still influence short-term sentiment, just like other major US political news. But BTC was volatile before Trump and will remain volatile after.

Current price movements are more related to macroeconomics, liquidity, ETFs, and interest rates, meaning they're not dependent on any one person. My view is that Bitcoin doesn't care who's talking, only how people react.

[Hamza2424]

I can vividly remember raising topics about bitcoin centralization in terms of price action even if bitcoin remains decentralized. Aside from all these FOMO too is a contributing factor all the time.

Actually, it is all about speculation and how the community is observing these news and actions taken from him, he means nothing, the power he has given can cause all this. Before he was elected, he was nothing to the crypto market, it is not the man, but the power that the rank has given to him. Now he and his fellow countries played an important role in the adoption of crypto.

They first introduced the strategic reserve. Of course, there were a few other countries too but once the US said they will be setting up a reserve, all the countries started to do the same. No doubt he influences in terms of price.

[Fiasem20]

There’s a different between control and influential,Donald Trump can’t control bitcoin because it’s beyond he’s jurisdiction but he’s words in respect to the crypto and bitcoin market can be influential because he’s an influential leader of a country with the world power today.Even when Donald Trump was a bitcoin and crypto critic,the price of bitcoin never stopped surging,that’s to say that he’s not in control of the blockchain system.But he’s friendly move towards bitcoin could create more welcoming environment for newer investors.

[barbara44]

Trump posses threat to everything in the world, not just bitcoin. I am still shocked that he has never fired any nukes to be fair, I always assumed he would be the kind of guy who would test it out, not just directly nuke a nation, but I wagered he would be willing to at least nuke some middle of the ocean to see what happens, because he is a childish guy and he looks like the type of guy who would, I am sure he wants to, but they made sure he doesn't.

So yeah, he does create a big risk for bitcoin too, just like he is a threat to everything else.

[Kavelj22]

Op Trump can't, Only President Trump can! President trump has been doing it already maybe you are not in the internet space l, let me inform you, he has used tarrifs to manipulate the price of assets beyond bitcoin and has also used his influence to drive the price of bitcoin up during his campaign and he was called last year the crypto year and also trump year but that crypto year is what we have seen and is still seeing till now.

He used tariffs as a weapon tool in the global trade war, and like all the products in the market that have been infected by this, bitcoin would also react accordingly. Trump pushed cryptocurrencies to expand to serve his goals. As much as this serves him, he will support it. Not because he is really convinced in cryptocurrencies in general.

Exactly, as long as it helps him launder more money, imhe will be in to support it like never before but today all trump is doing is manipulating he whole market not just for himself but for elite friends too but people are also benefiting from it largely by getting insider information and trade with you, however, trump or the US is not a supporter of crypto no matter what the agenda has been changed to instead they will try and much as possible to exploit it what's why they are trying to bring bitcoin close to the hands of the government so they can do what they want.

Remember when he was finally elected as the president of the United states, he lunched his own cryptocurrency named TrumpCoin right after announcing his ambitions toward a national reserve in cryptocurrencies. Then a new coin wearing the name of his wife MelaniaCoin. Note that the two projects were supported by investor angels whom are other Trump family members and some of his closed friends. With no doubts, all of those projects have been proven to be pump and dump coins.

In all his missions, Trump focuses mainly on his personal benefits as a businessman. Nothing about patriotism or that he is the leader of the stage. Bitcoin is benefiting from his support. Not in the correct way but it gave him a great boost. Btw, same thing with Elon Musk and DogeCoin.

[lionheart78]

Donald Trump, being the president of the USA, has a significant influence on Bitcoin price. US is an influential country, aside from Donald Trump having an influence on the Bitcoin market himself, being the president strengthen his influence further.

With Trump's approval of Bitcoin alone, we can imagine a wealthy nation giving support to Bitcoin; it is just a matter of time before all its allied nation starts supporting Bitcoin.  That scenario alone can boost Bitcoin market value in multitude.

[tikoniko]

If anyone in the world can impact the global economy, it’s definitely the president of the United States. Like it or not, markets always react to news. We can see it clearly now with gold reaching record highs, and the same happening with silver and other metals.
This shows how powerful news can be in moving markets. Trump is also very unpredictable today it’s Greenland, yesterday Venezuela, and tomorrow it could be something else. This kind of uncertainty is not good for the global economy.
When the dollar loses value, investors usually move to alternatives like crypto and precious metals, which then increase in value. That’s simply how the market works.

[macson]

Trump is the US president, so anything he says has the power to influence the market. If he weren't president, I don't think he could move the market as much as he is now, because without that position, his statements are merely opinions that have no impact on Bitcoin.

But he's not a god who can control the market as he wishes. While his words may influence market sentiment, they only have a short-term effect, in the long run, they're irrelevant --- since Bitcoin will move according to its own fundamentals.

[uchegod-21]

Trump is the US president, so anything he says has the power to influence the market. If he weren't president, I don't think he could move the market as much as he is now, because without that position, his statements are merely opinions that have no impact on Bitcoin.

But he's not a god who can control the market as he wishes. While his words may influence market sentiment, they only have a short-term effect, in the long run, they're irrelevant --- since Bitcoin will move according to its own fundamentals.

Trump doesn't need to be god to manipulate the market. To manipulate the market, you must have the influence, a perfect timing and sufficient capital. Trump has got all of this, especially the influence which we have felt on different occasions.

You should know that manipulation is not same as control. Manipulation only revolves around bitcoin's price, but in terms of control, Trump can definitely not alter the total supply of bitcoin or perform an alteration in the Bitcoin protocol to fit into his own plans.

[Sunshine1525]

Trump can't influence the movement of Bitcoin but his actions can, through sanctions and increase of tariff of big economic countries , the likes of China, Russia etc, his actions has caused the market to drop on several occasions, so wirh the power as the president of the United State, it's true that his actions can influence the market.

I really don't like that he promised something positive in his rallies but his actions has caused serious dumps on several occasions, it makes me wonder if his promises would ever come to pass. Although, with or without Trump Bitcoin is Bitcoin and would still improve.

[Stalker22]

Trump is the US president, so anything he says has the power to influence the market. If he weren't president, I don't think he could move the market as much as he is now, because without that position, his statements are merely opinions that have no impact on Bitcoin.

But he's not a god who can control the market as he wishes. While his words may influence market sentiment, they only have a short-term effect, in the long run, they're irrelevant --- since Bitcoin will move according to its own fundamentals.

Even before the 2024 election, when Trump talked, the markets listened.  He represents a specific way of running the economy that millions of investors bet their money on.  Whether he was in the White House or not, his "opinions" signal where a huge amount of cash is going to move next.  You cant just ignore that kind of influence.

You are also missing the big picture by calling his impact "irrelevant" in the long run.  His administration hasnt just been talking, they are passing actual laws. Like for example strategic bitcoin reserve or GENIUS act.  You say Bitcoin moves on its own "fundamentals," but those include things like adoption and regulation, right ?  When the leader of the U.S. pushes for pro-crypto laws, he is not just "influencing sentiment" but rewriting the rules for how everyone, from big banks to regular people, can use Bitcoin.  That is a permanent shift, not a short-term trend.

[Yamifoud]

Well, the fact that bitcoin price surged high when he won the presidential election, that's already a valid proof that he can influence the price of bitcoin. In fact, bitcoin can be easily influenced by global news and events, and since Trump is capable to start one, then he's capable also to create significant changes with bitcoin.

However, despite of Trump's strong influence, bitcoin still follow its own pattern while moving in the market. It still has its own time when to make the market bullish or bearish, despite of what's happening globally.

[Cleanslate_]

I have come across several discussions that argues about Trump's influence of manipulating bitcoin price which some says an ordinary talk from one man can not just pull such attraction in the bitcoin market but yet, in the previous speeches of the president, he has really proved some great impacts in bitcoin and crypto.
He is the president of the USA and we know the stance of the United States in world both economy and political. Infact whether we like it or not, Trump is a global influencer who have influence wherever he interferes.

And if bitcoin price can be drive by news and economy activities, definitely Trump's speech could have some potential to manipulate price. Of course we felt the influence in the tariff plans and foreign market policies and the rest that is eased for investors and pensioners to be encouraged to buy and invest in the bitcoin market.

That is true we witnessed it during his election how the price of Bitcoin when up rapidly, hoping that he will support Bitcoin after his election but did not, if not the price of Bitcoin would have gone far above it's current price now, what about the aspect of tariff,  I will say he is one of the major influence in Bitcoin price.
Trump controls the US government and that is what has given him the privilege to be doing what he is doing since the U.S rules that world, if not he cannot do it on his own.

[Samlucky O]

is that even a question? you sound very funny mate. we all have seen the influence of Trump in the bitcoin market last year, how each speech he made influenced the market. especially that of making bitcoin a reserve asset if he enters into power, this skyrocketed bitcoin from the staggering price of about $65k or something to $126k that is about %100 growth last year before it drop to this current price. that is not even supposed to be a question because Trump has the capacity to influence the market since he is the president of the united state of America with the leading power means that he controls the globe including the financial market.

[YOSHIE]

Does Donald Trumps posses potential of influencing bitcoin price?

At Donald Trump's level, I think he already has the Jesus stick to regulate the economy and influence digital and traditional markets. At Donald Trump's level, the Jesus stick is definitely in his hands. He is just showing that changes will occur in the digital and traditional markets.

The current US President has a huge influence on the price of Bitcoin, he has the tools to do it, talking about Donald Trump you are no longer talking about one person, The power, throne and position he currently has are dangerous, it is not Donald Trump who is dangerous, he will return to the common people if he is no longer in that position.

So, what is dangerous is not Donald but the position he holds that can shake the Bitcoin market. You read the history of Pharaoh, the danger is not Pharaoh, but the position and kingdom he has.