Does Donald Trumps posses potential of influencing bitcoin price?

[Bitcoin_people]

Since Donald Trump supports Bitcoin and he invests a sufficient amount of Bitcoin, they create reserves through Bitcoin. In that case, Donald Trump is one of the most well-known and influential governments in the world, if he discusses the positive aspects of Bitcoin, the price of Bitcoin increases a lot. Basically, we know that if Donald Trump gives good instructions about Bitcoin, then people all over the world rush to invest in Bitcoin, as a result, the price of Bitcoin increases. However, if he discusses something negative, there may be some market volatility, but later it will return to the right level again. We have seen that Bitcoin was very unreliable in the past, especially people did not invest, but gradually we can see that Bitcoin has become very popular and has become very valuable. However, no one can increase the supply of Bitcoin and control its price, the market runs according to its cycle and it will reach a much higher price at some point.  As people invest in Bitcoin and demand for Bitcoin continues to increase, its value will increase further, making Bitcoin a reliable asset in the future.

[Mandoy]

For now he can manipulate people's mind towards those implementation and other disturbing actions he have done, but I also believe that in future he might lose his power and investors later on realize that if they won't listen to Trump no bad movements will happen.

Bitcoin supposed to be not controlled by anyone due to its decentralize nature. Hopefully people stop listening or reading nonsense about bad actions done by this people, so Bitcoin will continue to climb and became good asset to used by lots of people.

The problem is that even though Bitcoin is decentralized, you need the money/liquidity to move the Bitcoin price up, and the current market is mostly driven by the institutions. What does this mean?

Well, the institutions put a huge amount of money, but they do not blindly follow anything. They still think that bitcoin is a risky asset like a stock, and they treat it like this. They predict the uncertain world conditions in the near future, and therefore they are more interested in buying gold/silver and metals as compared to bitcoin. Bitcoin hasn't been tested in a war situation, but gold has, and that is the reason we see the big money shifting towards gold accumulation.

Though Trump or any other prominent person could affect the sentiment in the short-term, Bitcoin is decentralized and can be manipulated easily. Real price actions are based on liquidity and institutional action, and not utterances or hype. Bitcoin is perceived as a risky asset by institutions and in most cases they resort to gold or other tested stores of value in times of uncertainty. In the long-term, the price of Bitcoin will be determined by the adoption, the technology and the demand of the markets instead of the opinion of an individual. It is always clever to stick to basics.

[Lida93]

It's not just potential, but with what's happening in the market, you see that he has the power to influence the market. It's no wonder, he gained so much power when he became president of the United States, especially when he launched a narrative of making America the "Crypto Capital," so many crypto investors paid attention to him. However, when he says things that don't favor the market, the price is affected by investor reactions. But don't worry, that's something you don't need to worry about because his term as president is short, and after that, no one will listen to him anymore.

Trump is only abusing the position he seats on which thankfully is temporary. The man is just abusing the influence of the US in global economy to distabilize global capital through psychological and economic wars. Awfully, these actions ain't making life much better for the ordinary American who looks forward for a more better standard of living. Anyone in with a long term investment schedule in bitcoin wouldn't bother about what you all call Trump influence on bitcoin price because 4 yea from now on, Trump tenure would expire and bitcoin would still br soaring high.

[Alex077]

 so, looks like Trump is supposed to announce today a possible pick of Kevin Warsh as the next Fed Chair.
When exactly it happens is still up in the air - could be soon, could be only after Powell’s term is over. Classic Fed suspense.
About Warsh  he’s been relatively friendly toward Bitcoin.
On Polymarket (which, let’s be honest, usually gets things right 😏), the odds of Warsh getting the job are sitting at 93%, with $305M in volume already.
  https://x.com/bloomstarbms/status/2017141936960741577
Worth remembering:
Warsh has previously framed Bitcoin as an alternative to gold, and back in 2018, he was already floating ideas about a digital dollar.
Long term? Probably bullish for Bitcoin, even though the expert crowd is split as always.
We’ll see.

[Cryptohygenic]

Since Donald Trump supports Bitcoin and he invests a sufficient amount of Bitcoin, they create reserves through Bitcoin. In that case, Donald Trump is one of the most well-known and influential governments in the world, if he discusses the positive aspects of Bitcoin, the price of Bitcoin increases a lot. Basically, we know that if Donald Trump gives good instructions about Bitcoin, then people all over the world rush to invest in Bitcoin, as a result, the price of Bitcoin increases.

Nah don't think the US had long then been holding any bitcoin for reserve. All of those bitcoin is their custody of the government before lately it was stored for the strategic reserve through the same great man president Donald Trump triumph's with his ambitious supports for bitcoin.
Indeed bitcoin price can be so manipulatable to this extent that a president of a country that is no known in the decentlized market. Em but yes it is possible because the market is psychologically sentimental with investors and manipulates prices by macroeconomy news.
So actually looking at the position and influence of Donald Trump he can actually manipulate bitcoin price since he also controls majorly around the world under the influence of him as the US president.

[nemesis_incarnate]

It's not just potential, but with what's happening in the market, you see that he has the power to influence the market. It's no wonder, he gained so much power when he became president of the United States, especially when he launched a narrative of making America the "Crypto Capital," so many crypto investors paid attention to him. However, when he says things that don't favor the market, the price is affected by investor reactions. But don't worry, that's something you don't need to worry about because his term as president is short, and after that, no one will listen to him anymore.

Trump is only abusing the position he seats on which thankfully is temporary. The man is just abusing the influence of the US in global economy to distabilize global capital through psychological and economic wars. Awfully, these actions ain't making life much better for the ordinary American who looks forward for a more better standard of living. Anyone in with a long term investment schedule in bitcoin wouldn't bother about what you all call Trump influence on bitcoin price because 4 yea from now on, Trump tenure would expire and bitcoin would still br soaring high.

It's a roller-coaster type of influence.. which if isn't going forward on the get-go, does nothing in the long run.

on any market, that is - he is a man who utilizes every tool at his belt to make his positions better, just like any politician.

[Abiky]

so, looks like Trump is supposed to announce today a possible pick of Kevin Warsh as the next Fed Chair.
When exactly it happens is still up in the air - could be soon, could be only after Powell’s term is over. Classic Fed suspense.
About Warsh  he’s been relatively friendly toward Bitcoin.
On Polymarket (which, let’s be honest, usually gets things right 😏), the odds of Warsh getting the job are sitting at 93%, with $305M in volume already.
  https://x.com/bloomstarbms/status/2017141936960741577
Worth remembering:
Warsh has previously framed Bitcoin as an alternative to gold, and back in 2018, he was already floating ideas about a digital dollar.
Long term? Probably bullish for Bitcoin, even though the expert crowd is split as always.
We’ll see.

Kevin Warsh may be "pro-Bitcoin", but the question is: Will his policies benefit the cryptocurrency? Back then when COVID was a thing, Kevin Warsh made some "hawkish" comments regarding the economy. Trump trusts Kevin Warsh to lower interest rates, but what if he doesn't do it? Then Bitcoin and other cryptocurrencies will have a hard time going all the way to the moon. Especially if interest rates increase or remain the same.

At least, Donald Trump has many pro-crypto members in his administration. It could've been worse. I can't recall of any pro-crypto government official during the "Biden days". You can see why every action Trump takes, can either have a positive or negative effect over Bitcoin's market price. That's because Trump has often been linked with Bitcoin, with many labeling him the "Crypto President". The recent tariffs threats and Greenland takeover has caused a sharp decline in market prices. So there's that. Hopefully, more positive things come out of this administration for the good of Bitcoin.

[DanWalker]

so, looks like Trump is supposed to announce today a possible pick of Kevin Warsh as the next Fed Chair.
When exactly it happens is still up in the air - could be soon, could be only after Powell’s term is over. Classic Fed suspense.
About Warsh  he’s been relatively friendly toward Bitcoin.
On Polymarket (which, let’s be honest, usually gets things right 😏), the odds of Warsh getting the job are sitting at 93%, with $305M in volume already.
  https://x.com/bloomstarbms/status/2017141936960741577
Worth remembering:
Warsh has previously framed Bitcoin as an alternative to gold, and back in 2018, he was already floating ideas about a digital dollar.
Long term? Probably bullish for Bitcoin, even though the expert crowd is split as always.
We’ll see.

In my opinion, there is nothing to wait for or expect. Politicians are unreliable, and placing your expectation on them is a mistake.

Trump is known to be one of the presidents who supported bitcoin, and his administration had many members who were friendly to crypto. But look at what has happened in the market since Trump took office. Many of these shitcoins were created by the Trump family to scam people. His economic and political policies caused global chaos. Bitcoin and the crypto industry have had a terrible year since he took office.

[krishnaverma]

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.

He is no doubt the most influential person in the world. Whatever he says, has an impact. Like if he says anything positive about crypto, it will certainly boost crypto market.

[Cryptohygenic]

snip

At least, Donald Trump has many pro-crypto members in his administration. It could've been worse. I can't recall of any pro-crypto government official during the "Biden days". You can see why every action Trump takes, can either have a positive or negative effect over Bitcoin's market price. That's because Trump has often been linked with Bitcoin, with many labeling him the "Crypto President". The recent tariffs threats and Greenland takeover has caused a sharp decline in market prices. So there's that. Hopefully, more positive things come out of this administration for the good of Bitcoin.

Very true that Donald Trump is a crypto pro oh I should add political affiliation to that because the last time I checked Trump was not a fan of bitcoin and was even taunting it in the early times not until his ambition for the US presidential election that he begin campaigning for biro in bitcoin all for political interest.
Definitely he would remain a pro to the crypto because he had also lay his legacies that just his speech can manipulate bitcoin price whether positively or negatively.

[Swordsoffreedom]

Very true that Donald Trump is a crypto pro oh I should add political affiliation to that because the last time I checked Trump was not a fan of bitcoin and was even taunting it in the early times not until his ambition for the US presidential election that he begin campaigning for biro in bitcoin all for political interest.
Definitely he would remain a pro to the crypto because he had also lay his legacies that just his speech can manipulate bitcoin price whether positively or negatively.

In fact, during his first term, Trump dismissed and showed little interest in bitcoin. After leaving the White House and in an interview in 2021, he even called bitcoin a scam. He only became interested in bitcoin when he decided to run for president for a second time


From what I have seen, he has never supported crypto and has not really changed his stance on it. What he is doing with Bitcoin and crypto is primarily for political purpose and personal gain, rather than a genuine concern for the future of the industry

In addition to receiving strong support from the cryptocurrency community, his family is also making billions of dollars from this market. Therefore, it is hard to believe that he actually changed his stance and genuinely cares about the industry

https://markets.businessinsider.com/currencies/news/trump-bitcoin-commentary-seems-like-scam-against-the-us-dollar-2021-6-1030500598