Story perspectives
Krugman: Bitcoin's Fall Tied to Trump's Diminishing Influence
11/29/2025
50 5
1 of 1
Story summary
- Nobel laureate Paul Krugman links Bitcoin's decline to the waning influence of U.S. President Donald Trump.
- He says Bitcoin's price surged during President Donald Trump's tenure due to favorable policies but has fallen from $126,080 to about $90,348.
- Krugman calls Bitcoin a "Trump trade" reflecting U.S. President Donald Trump's political strength.
- Traders expect a rise to $100,000, while Krugman warns a weaker Trump may hinder pro-crypto policies and Bitcoin's stability.
