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The Independent UK
The Independent UK
Technology
Anthony Cuthbertson

How ‘crypto president’ Trump caused biggest crash in history

Bitcoin Donald Trump Crypto United States The Independent Cryptocurrency TikTok
Donald Trump gives a keynote speech at the Bitcoin 2024 conference at Music City Center on 27 July, 2024 in Nashville, Tennessee - (Getty)

Less than a year after pledging to be the first ever ‘crypto president’, Donald Trump has overseen the biggest crash in the history of cryptocurrency.

More than $1.3 trillion has been wiped from the market since he took office on 20 January – the biggest drop over an 11-week period since bitcoin’s inception in 2009.

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