CoinDesk has compiled moments when Bitcoin prices surged or plummeted due to statements or social media posts by former U.S. President Donald Trump. The specific details are as follows:
1) July 11, 2019
Trump's first direct critical tweet about cryptocurrencies. At the time, he tweeted, "I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air." Bitcoin dropped 7.1% within 45 minutes of the post.
2) March 3, 2025
U.S. government's strategic Bitcoin holdings. Trump announced this strategy via Truth Social. Bitcoin rose 8.2% within 24 hours of the post.
3) October 10, 2025
100% tariffs on Chinese products. Trump announced via Truth Social that in response to China's rare-earth export controls, a 100% tariff would be imposed on all Chinese imports. Bitcoin fell 12.4% within 2 hours of the post, and a sell-off worth $19.38 billion occurred within 24 hours, marking the largest single-day loss in Bitcoin's history.
4) March 3, 2026
Stablecoin Regulation Act GENIUS. Trump accused Wall Street banks via Truth Social of undermining the GENIUS Act and delaying the passage of the CLARITY Act, a comprehensive cryptocurrency market regulatory framework related to stablecoin interest. Bitcoin rose 5.2% within 10 minutes of the post.
5) April 14, 2026
Peace talks with Iran. After the naval blockade of the Strait of Hormuz, he announced, "Iran has reached out for peace talks. The possibility of a deal is very high." Bitcoin rose 6.2% within 30 minutes.
