When Market Trump Cards Fail: Bitcoin’s Rollercoaster on Binance

On the Binance exchange, there was a brief collapse in the Bitcoin price in the BTC/USD1 pair to $24,111. Meanwhile, BTC quotes in the USDT pair remained stable at the $87,000–$88,000 level. The incident was caused by low liquidity in the USD1 pair. This is a stablecoin issued by World Liberty Financial, a company associated with the family of the 47th President of the United States, Donald Trump, who receives about 60–75% of the project’s profits. The coin is positioned as a tool to strengthen the dominance of the dollar in digital assets.

Donald Trump in the 2024 election campaign actively positioned himself as a «crypto-president»: he promised to make the US the «cryptocurrency capital of the world», create a strategic Bitcoin reserve, fire SEC chief Gary Gensler, lift regulatory restrictions, and generally support the industry. This caused a huge hype-after his victory in November 2024, Bitcoin soared from $70,000 to $126,000 at the beginning of 2025. However, then the rate fell all year (while some altcoins crumbled several times), and while gold, silver, and other assets were setting record after record, the crypto market seemed to have entered a stage of crypto winter.

Recently, although the hype surrounding Trump’s policies has dwindled, the administration has announced the exploration of further regulatory measures to stabilize the cryptocurrency markets. The introduction of strategic reserves and new tax incentives for blockchain firms are on the horizon to rejuvenate investor interest. Bitcoin’s performance has been capricious, often responding acutely to regulatory news, with cautious optimism from traders looking at the long-term benefits of these strategic initiatives.