Here’s how much BTC, ETH, and XRP have been abandoned since ‘crypto president’ Trump took office

Both meme coins linked to POTUS and FLOTUS fell almost 100%.

It’s safe to say that the cryptocurrency market has seen better days. In fact, such days were promised by the current US President, Donald Trump.

And for a while, there they were. But today we are far behind, with the prices of almost all digital assets trading below his inauguration day and even below those in pre-election weeks.

Trump’s big promises

Remember 2024? It was a very eventful year, especially in the run-up to the presidential election. On one side, we had Kamala Harris, who was expected to continue many of Joe Biden’s policies, including those against the cryptocurrency industry.

On the other hand, we had Donald Trump. Although his history with Bitcoin and Co was not very pleasant from his first term, he tried to redeem himself and began praising the asset class. Additionally, he started calling himself “Crypto President” and attended the largest Bitcoin conference in the United States, where he gave a passionate speech about BTC and how he would personally fire then-SEC Chairman Gary Gensler (even though he can’t really).

Hell, he even paid for a hamburger in New York with bitcoin. Additionally, he made several big promises about how the United States would become the global hub of the industry, that all remaining bitcoins should be mined in the United States, and that there would be a national BTC strategic reserve.

The community was quickly sold, as they had never seen anything like this in the past. They were used to ignorance or hatred from the White House. Therefore, prominent names in the industry have started investing funds into his campaign in the hope of a better future for all of us.

Reality check: 18 months later

Given his promises, the entire market soared in the months following Trump’s landslide election victory. The hype was real, and so was the price hike. Then came the highly controversial launch of two meme coins related to him and his wife, but we won’t even go into that rabbit hole here. We will only say that they were launched just a few days before his inauguration.

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Prices continued to rise, for the most part, excluding the “Liberation Day” fiasco and mid-year decline, but BTC, ETH, XRP, and many other alts still managed to post new ATHs in October. Things were getting better.

And then everything fell apart. The biggest liquidation day in early October was just the beginning, as BTC continued to fall. Long story short, bitcoin plunged to $59,000 on Friday, its lowest position since before the election. Most crypto assets did the same, but in a more painful way.

But the numbers since the inauguration – the date the so-called “crypto president” officially returned to the White House, where he was supposed to deliver on his many promises – are even worse, as the tweet below shows.

Cryptocurrency prices since Trump took office: $BTC -44% $ETH -49% $XRP -68% $SOL -77% $DOGE -79% $AVAX -82%$ADA -85% $SUI -86% $ENA -92% $APT -93% $TRUMP -97.7%$MELANIA -99.5%

WE CONTINUE TO EARN WELL..

– Crypto Tony (@CryptoTony__) June 5, 2026