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Bitcoin Falls To Lowest Level Since Trump Took Office. The price of Bitcoin has dropped to its lowest level in 15 months, now sitting at $66,000 (£48,700), down 24% since the beginning of 2026. This marks the lowest point since October 2024, despite US President Donald Trump’s personal and public support for cryptocurrency. Bitcoin had surged to an all-time high of $122,200 in October, with investors encouraged by Trump’s involvement in the sector, including his promises to ease legislation and support for crypto. After re-entering the White House in January 2025, Trump signed an executive order aiming to make the US the “crypto capital of the planet.” He launched a personal cryptocurrency and continued ties with World Liberty Financial, his family's crypto investment firm. Despite these efforts, Bitcoin prices are now down 32% over the past year, trending toward levels last seen in early 2024 and 2021. Meanwhile, Democrats have criticized Trump’s pro-crypto agenda, highlighting his crypto holdings worth over $11 billion and the income he gained from transactions since taking office. Bitcoin, the world’s largest cryptocurrency, remains a decentralized form of digital money.
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