Trump pledges pro-crypto stance as market cap falls over $1T since Jan. 20, 2025
President Donald Trump posted on Truth Social backing digital assets, shortly before the U.S. Department of Defense exchanged fire with Iran that coincided with renewed pressure on Bitcoin and the broader crypto market. From Jan. 20, 2025 to May 28, 2026, total crypto market cap slid from $3.45 trillion to $2.44 trillion, while BTC fell 28.53% from $102,573 to $73,307.