One year after Donald Trump‘s inauguration on January 20, 2025, major cryptocurrencies declined. Investors had expected regulatory clarity and a lasting bull market that did not appear.
CoinGecko data show Bitcoin down about 15 percent, trading near $91,000 today. It reached an all-time high above $126,000 in October 2025 before retreating.
Ethereum fell roughly eight percent and trades near $3,100 after an August 2025 peak. Other major tokens lost significantly more value over the same period.
XRP declined nearly 40 percent in the past year and now trades just below $2.00. Solana lost more than half its value as investor interest cooled, trading around $129.
Analyst Ted Pillows stated that many large-cap coins fell between 50 percent and 60 percent. He said mid-cap drops reached 70 percent to 80 percent while smaller coins plunged about 90 percent (Ed. note: Small-cap and meme coin declines were particularly severe).
Geopolitical moves and tariff threats by the administration disrupted markets and spurred volatility. One-day liquidations reached roughly $871 million after tariff confirmations impacted trader positions.
The administration appointed pro-crypto figures early in its term, including SEC Chair Paul Atkins. Brad Garlinghouse said the crypto community embraced the president, yet market gains did not follow.
