Trump's Fall Impacts Bitcoin's Rise
Update: 2025-11-26
Description
Nobel economist Paul Krugman links Bitcoins price decline to Trumps waning influence. Krugman argues that Trumps pro-crypto stance and industry support boosted Bitcoins value, but his diminishing political power is now causing a downturn. Bitcoins recent volatility, including a record nineteen billion dollars in liquidations, supports Krugmans theory. Despite some optimism, Krugman remains skeptical of Bitcoins practical use cases.
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