How has Bitcoin performed since Trump took office?
May 28, 2025 #Bitcoin2025 #DonaldTrump #TrumpCrypto
The world’s largest Bitcoin conference is taking place in Las Vegas, Nevada from May 27-2
May 28, 2025 #Bitcoin2025 #DonaldTrump #TrumpCrypto
The world’s largest Bitcoin conference is taking place in Las Vegas, Nevada from May 27-29.
This year’s event includes several speakers from US President Donald Trump’s circle including Vice President JD Vance; Trump’s two eldest sons, Donald Trump Jr and Eric Trump; as well as White House crypto tsar David Sacks.
Trump’s favourable view of cryptocurrency and his family’s heavy involvement in the industry is raising concerns about the integrity of Trump’s administration and how he is using his influence as president of the United States.
Over the past week, Bitcoin reached an all-time high of $111,970, marking a 2.6 percent increase from its previous Inauguration Day peak of $109,114.
Since Donald Trump’s re-election in November 2024, Bitcoin has surged 60 percent, rising from about $69,539 at close on Election Day to its current record level.
The cryptocurrency briefly dropped below $90,000 on February 25, amid market jitters triggered by Trump’s announcement of new tariffs on multiple countries and industries worldwide, before recovering.
Al Jazeera’s Rob Reynolds reports from the Bitcoin Summit in Las Vegas.
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