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Thus far, Donald Trump’s presidency has been a mixed bag for the cryptocurrency market . Investors initially took Trump’s pro-crypto stances as a bullish signal. However, there has been a lack of clarity on proposed regulatory changes. The controversial launches of the President and the First Lady’s memecoins shook investor confidence . On March 2, Bitcoin ( BTC ) surged to $94,000 following the commander-in-chief’s announcement that a strategic cryptocurrency reserve would be created. Despite an initial wave of optimism, Donald Trump’s announcement of new tariffs on China, Canada, and Mexico on March 4 sent a shockwave through financial markets. This culminated in a risk asset sell-off that saw $80 billion wiped out from the crypto market within a day. Although there are plenty of silver linings to be found, and these pullbacks might very well turn out to be temporary, investing in Bitcoin when Trump took office would not have secured a profit as of March 5. Let’s take a closer look at the exact figures of this hypothetical trade. Bitcoin has seen a double-digit decrease in price since Donald Trump’s inauguration Donald Trump’s second term as President started on January 20. At the time, Bitcoin was trading at a price of $101,280. Since the time of Trump’s inauguration, Bitcoin has failed to break through to the upside in a meaningful manner, and recent developments have caused a sharp correction in the price of the leading digital asset. By press time on March 5, Bitcoin was changing hands at a price of $89,590. BTC price year-to-date (YTD) chart. Source: Finbold That figure equates to an 11.54% drop from January 20. Accordingly, a $1,000 investment made on the day that Donald Trump took office again would now be worth $884.60, with a net loss of $115.40. In contrast, at the time of the election, Bitcoin was trading at $68,290. Investors who made a $1,000 investment on that fateful November 5 day would have benefitted from a 31.19% surge, and their position would now be worth $1,311, for a $311 gain. Lastly, readers should note that per Secretary of Commerce Howard Lutnick, Donald Trump will reveal a strategy for his long-awaited Bitcoin Reserve at the inaugural White House Crypto Summit on Friday, March 7. While not many specifics are known at this time, the summit has the potential to set the tone not just for Bitcoin, but the wider cryptocurrency market going forward — and that tone could very well be bullish. Featured AI image from Shutterstock The post If you invested $1,000 in Bitcoin when Trump took office, you’d now have this much appeared first on Finbold .
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Source: Finbold
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
From $100 to $1M: Bitcoin, XRP, and These 5 Cryptos Could See Massive Growth in 2025
As Bitcoin (BTC) and XRP gear up for major price surges in 2025, investors are scanning the market for the next high-growth altcoins. While major players like MATIC, VET, INJ, and DOT show strong potential, one early-stage crypto stands out: OFFICIALMAGACOIN . With over $3 million raised in its presale, this project is poised for explosive growth. Why OFFICIALMAGACOIN Could Be the Best 50x Play Exclusive Early Access for Maximum Gains OFFICIALMAGACOIN is still in its presale phase, offering early investors a rare chance to secure tokens before mainstream hype kicks in. Massive Growth Potential at a Low Entry Price Priced under $0.20, OFFICIALMAGACOIN presents a high-upside, low-risk opportunity. Many early adopters believe this could be one of the biggest breakout cryptos of 2025. LIMITED TIME ONLY! USE PROMO CODE MAGA50X TODAY FOR A 50% EXTRA BONUS! How OFFICIALMAGACOIN Compares to Other Top Altcoins Bitcoin (BTC): The dominant force, but massive growth is unlikely. XRP: A strong network, but not an early-stage opportunity. Polygon (MATIC): A major Layer-2 player, yet already widely adopted. VeChain (VET): A promising supply-chain project, but slow-moving. Injective (INJ): A powerful DeFi ecosystem, yet lacks exclusivity. Polkadot (DOT): A leader in blockchain interoperability, but already well-established. Don’t Wait—Timing Is Everything! With over $3 million already secured, OFFICIALMAGACOIN is quickly gaining momentum. As demand rises, prices will follow, making now the best time to secure a position before the next price surge. THE NEXT 1000X CRYPTO – CLICK HERE TO JOIN N OW! Claim a 50% Bonus with Code MAGA50X ! For a limited time, investors can boost their holdings by 50% using promo code MAGA50X , maximizing their profit potential. CLICK HERE to Secure Your OFFICIALMAGACOIN Tokens Now! Website: OFFICIALMAGACOIN X/Twitter: https://x.com/officialMAGAx Continue Reading: From $100 to $1M: Bitcoin, XRP, and These 5 Cryptos Could See Massive Growth in 2025 Finbold
Nvidia-backed CoreWeave To Acquire AI Developer Platform Ahead of IPO
Cloud computing firm CoreWeave has plans to acquire AI developer platform Weights & Biases as it seeks to bolster its infrastructure offerings in the fast-expanding AI sector. The deal, which is expected to close in the first half of 2025, cost CoreWeave $1.7 billion, according to a report by The Information. Weights & Biases, which in 2023 was valued at $1.25 billion, has become a staple in the AI development community, with researchers and engineers using its tools to manage complex machine learning workflows. By acquiring the company, CoreWeave aims to integrate its cloud computing services with Weights & Biases’ tools, offering a more seamless experience for AI developers. The acquisition comes just days after the cloud computing provider filed for an initial public offering (IPO) on Tuesday, with the company expected to raise $4 billion with a valuation of more than $35 billion. CoreWeave also tapped bitcoin miner Core Scientific (CORZ) to build 500 megawatts (MW) of infrastructure for AI-related purposes. Finbold
