Crypto bros have turned on President Donald Trump after billions of {dollars} have been worn out of the risky cryptocurrency market.
As famous by Axios, the male-dominated world of crypto investing is the newest group to rage towards the president throughout his erratic second time period, with many regretting supporting the 79-year-old.
Earlier than returning to workplace, Trump vowed to make the U.S. “the crypto capital of the world,” a promise that despatched the worth of flagship cryptocurrency bitcoin surging after the 2024 election and ultimately to file highs late final yr.
These good points have since been obliterated. Bitcoin is now hovering round $68,000, down sharply from roughly $125,000 in October 2025. Ether, the second-largest cryptocurrency, has additionally been hammered, shedding greater than 35 p.c of its worth in simply the previous month.
A rising variety of crypto bros are actually venting their fury at Trump as it turns into more and more clear that his much-hyped crypto technique is failing. The backlash has coincided with viral reports that Trump-aligned crypto enterprise World Liberty Monetary quietly offered $5 million price of bitcoin final week, serving to ship costs tumbling even additional.
“I voted for the primary time in 2024 as a single-issue voter. Crypto president? How can I not vote for that! Sounds nice!” one crypto consumer posted to his 169,000 followers on X. “Not even a yr later & he has destroyed the one concern I cared about. F— you Trump.”
Crypto influencer Carl Runefelt additionally conceded in a reply to considered one of his 1.5 million followers that Trump was “dangerous for crypto” and a “massive mistake” to have as president.
In a prolonged X post, one other disillusioned crypto bro wrote: “The crypto market is in freefall proper now, and whereas broader macro elements like tariff threats, geopolitical uncertainty, and deleveraging play a task, a major chunk of the injury—and the eroded belief—stems instantly from patterns tied to Trump himself.”
“He pioneered market-moving tweets way back, completely timing unfavorable statements to tank sentiment and permit insiders (and doubtlessly himself) to purchase the dip cheaply, then switching to constructive hype to pump euphoria and promote into retail FOMO. Rinse and repeat,” they added.
Trump—whose personal memecoin has lost nearly all its value since its launch final January—has not been hit practically as arduous by the crypto crash. World Liberty Monetary has earned Trump and his household round $1.2 billion in money since its launch, together with an extra $2.25 billion from numerous crypto holdings, based on The Wall Street Journal.
Evaluation from Bloomberg in January additionally estimated that cryptocurrency ventures have added $1.4 billion to the Trump household’s wealth over the previous yr.
The White Home mentioned in a press release to the Day by day Beast that the Trump administration was dedicated to crypto.
“Volatility in a free market by which the federal government doesn’t set costs will not be going to alter the Trump administration’s dedication to making sure American dominance in cryptocurrency and different cutting-edge applied sciences of the long run,” White Home spokesman Kush Desai mentioned.
