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Story summary
- The crypto market peaked in 2025 with Bitcoin at $126,000 in October, then fell after U.S. President Donald Trump threatened tariffs on China, triggering a $19 billion liquidation.
- Despite Trump’s pro-crypto policies, including favorable regulations and a strategic reserve announcement, the market could not sustain gains and lost $1 trillion in value by year-end.
- Experts warn of a potential crypto winter and some industry leaders express optimism about long-term stability.
