Donald Trump’s presidential term has brought quite a bit of changes to the global economic scene, and the cryptocurrency market is no exception. Before getting elected, he promised that he would turn the United States of America into the crypto capital of the world, and just yesterday at Davos, he reiterated that he’s working towards achieving this goal.

Just a couple of days ago, we examined how his term impacted crypto prices so far, and despite what seems to be his best intentions, the market is suffering. Since he was inaugurated, Bitcoin lost 15% of its price, while the majority of altcoins are down between 70% and 90% – not exactly what the majority expected. But then again, markets rarely behave the way the majority expects them to.

Donald Trump’s presidential term has brought quite a bit of changes to the global economic scene, and the cryptocurrency market is no exception. Before getting elected, he promised that he would turn the United States of America into the crypto capital of the world, and just yesterday at Davos, he reiterated that he’s working towards achieving this goal.

Just a couple of days ago, we examined how his term impacted crypto prices so far, and despite what seems to be his best intentions, the market is suffering. Since he was inaugurated, Bitcoin lost 15% of its price, while the majority of altcoins are down between 70% and 90% – not exactly what the majority expected. But then again, markets rarely behave the way the majority expects them to.