Crypto Stocks Tumble After Trump's First Day in Office, Bitcoin Continues to Climb
US crypto stocks experienced a decline on the day after President Donald Trump's inauguration, despite the industry's expectations that he would take action on day one. Shares in crypto miner Riot Platforms, Mara Holdings, Terawulf Inc, and CleanSpark all experienced drops, while Coinbase dropped over 8.5% in the opening hour before recovering slightly. However, Bitcoin continued to climb towards its recent all-time high. Trump's pro-crypto campaign promises were notably absent from his outline of priorities on his first day in office, but his pardon of Silk Road founder Ross Ulbricht has given crypto advocates hope.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Meta finally introduces ads to WhatsApp raising concerns on user privacy
Share link:In this post: WhatsApp will finally get ads on the platform, 11 years after Meta acquired it for $19 billion. Its co-founders shunned advertising on the app and publicly scorned the practice. Meta says messages will remain end-to-end encrypted.

Tron plans to go public after the U.S halts its investigation on Justin Sun
Share link:In this post: Tron, founded by Justin Sun, is preparing to go public in the U.S. through a reverse merger with SRM Entertainment, listed on the Nasdaq exchange. The digital asset platform will adopt Michael Saylor’s MicroStrategy strategy, holding and using the Tron token as its primary asset. The SEC paused investigations into Justin Sun, who was accused of selling unregistered securities and manipulating the market.

XRP Price Prediction: Can Ripple Surge to $2.50 This Week?
Chainlink Isn’t Just Big — It’s Everywhere: Why LINK Has No Ceiling
Trending news
MoreCrypto prices
More








