Three days ago, Donald Trump called himself the world’s top “crypto guy” and the savior of crypto — and here’s how that turned out:
— Since then, the crypto market has lost $330 billion in market capitalization;
— That’s an average loss of $208 million per hour, or about $1.4 million per second;
— Since the start of Trump’s presidency, the crypto market has dropped 30%, wiping out nearly $1.3 trillion;
— Bitcoin fell to the $62,000 level — the last time it was priced like this was a couple of years ago, and back in October it was worth twice as much, around $120,000;
— Ethereum crashed below $2,000, and altcoins followed straight to the bottom.
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