Five times Donald Trump's social media posts moved Bitcoin
April 20, 2026, 4:53 PM
CoinDesk has compiled five key moments when social media posts or statements from U.S. President Donald Trump significantly impacted the price of Bitcoin.
1) July 11, 2019: Trump posted his first direct criticism of cryptocurrencies, tweeting, "I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air." Bitcoin fell 7.1% within 45 minutes of the post.
2) March 3, 2025: Trump announced on Truth Social that the U.S. government would begin strategically holding Bitcoin. The price of BTC rose 8.2% within 24 hours.
3) Oct. 10, 2025: In response to China's export controls on rare earth minerals, Trump announced on Truth Social a 100% tariff on all imports from China. Bitcoin fell 12.4% within two hours, and a $19.38 billion sell-off within 24 hours marked the largest single-day loss in the asset's history.
4) March 3, 2026: Trump used Truth Social to accuse Wall Street banks of undermining the GENIUS Act for stablecoin regulation and delaying the passage of the CLARITY Act, a comprehensive crypto framework, over issues related to stablecoin interest. Bitcoin rose 5.2% within 10 minutes.
5) April 14, 2026: Following a naval blockade of the Strait of Hormuz, Trump announced that Iran had reached out for peace talks and that the likelihood of reaching a deal was very high. Bitcoin climbed 6.2% within 30 minutes.
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