Trump promised a crypto revolution. So why is bitcoin crashing?

February 07, 2026
President Donald Trump, at the time on the campaign trail seeking reelection, speaks at the Bitcoin 2024 Conference Saturday, July 27, 2024, in Nashville, Tenn.

Trump got elected promising to usher in a crypto revolution. More than a year later, bitcoin's price has come tumbling down. What happened?

(Image credit: Mark Humphrey)



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