Since Trump took office in January 2025, the crypto market has painted a mixed—and largely disappointing—picture.

Bitcoin fell 10%, while Ethereum dropped 5%. But things got brutal for altcoins. Solana crashed 46%, Chainlink tanked 50%, and Avalanche tumbled 62%. The real carnage? Dogecoin and Cardano both plummeted 64%.

Here's the thing: Trump was supposed to be the crypto-friendly president everyone was waiting for. The space had massive expectations. Yet instead of the surge many predicted, we're watching major assets get hammered. The narrative doesn't match reality—at least not yet.

Was this a case of "buy the rumor, sell the news"? Or are traders reassessing their bets on whether policy changes will actually materialize? Either way, the gap between hype and outcomes is glaring. The market had priced in optimism, but the reality so far has been unforgiving.