{"id":22055,"date":"2026-02-13T23:14:27","date_gmt":"2026-02-13T23:14:27","guid":{"rendered":"https:\/\/bitunikey.com\/news\/trump-trade-turns-to-trash-crypto-bros-feel-the-burn\/"},"modified":"2026-02-13T23:15:22","modified_gmt":"2026-02-13T23:15:22","slug":"trump-trade-turns-to-trash-crypto-bros-feel-the-burn","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/trump-trade-turns-to-trash-crypto-bros-feel-the-burn\/","title":{"rendered":"Trump trade turns to trash: Crypto bros feel the burn"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The honeymoon is over\u2014for President Donald Trump and for crypto enthusiasts alike. <\/p>\n<p>A new Morning Consult <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/pro.morningconsult.com\/trackers\/donald-trump-congress-policy-republicans-polling\" target=\"_blank\" rel=\"nofollow\">poll<\/a> shows Trump\u2019s approval slipping to 45%, with disapproval climbing to 52%, down slightly from two weeks ago and far below the 52% approval he enjoyed at the start of his second term. <\/p>\n<div id=\"cn-block-summary-block_f752332b9a89e907d602c419b2349a92\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>The Dow Jones surged past 50,000 earlier this month, but voters aren\u2019t cheering.<\/li>\n<li>Republicans (86%) still approve of Trump, according to a new survey; while Democrats (11%) and Independents (33%) remain skeptical of his policies and actions.<\/li>\n<li>Critics view conflicts of interest from Trump and his family\u2019s crypto ventures as problematic. <\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>By party lines, he still commands near-universal support from Republicans (86%), while Democrats (11%) and Independents (33%) remain skeptical.<\/p>\n<p>Even as the Dow Jones <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.barrons.com\/articles\/dow-jones-industrial-average-50000-first-time-caterpillar-stock-ff67c63d?gaa_at=eafs&amp;gaa_n=AWEtsqcdoOoEDhTzaeWeksGJrkssGwXbio_qyU_aeHvX99hdFS9E7srhZyBvrse1T3o%3D&amp;gaa_ts=698fb054&amp;gaa_sig=Yq_sp0PgDbwAnCigg_posrR_UAa7jaJBxJ2wNnFXvwoVFp3mzyGyyhb9VxJL4n9zw4wKLlgjYWtAKAdJTyJLmA%3D%3D\" target=\"_blank\" rel=\"nofollow\">surged<\/a> past 50,000 earlier this month, voters aren\u2019t cheering. Only about half believe Trump has effectively tackled health care costs and grocery prices, with approval ratings of 42% and 44% for health care and the economy, respectively. <\/p>\n<p>Disapproval is highest on these fronts, underscoring that record-breaking stock indexes aren\u2019t translating into everyday relief.<\/p>\n<p>Last year, crypto investors largely approved of Trump\u2019s crypto policies and associated them with positive market impacts. Today, it\u2019s a more mixed picture \u2014 some crypto holders are skeptical or critical of his approach or disappointed by outcomes.<\/p>\n<p>The disappointment extends to cryptocurrency markets, where the post-election \u201cTrump trade\u201d rally is fizzling fast. Bitcoin, which soared above $125,000 in October 2025 on election euphoria, is down over 28% year-to-date. Enthusiasm for projects tied to the Trump administration, including memecoin $TRUMP, has evaporated, with some losing as much as 95% of their value.<\/p>\n<p>Industry insiders cite a mix of factors: policy outcomes have underwhelmed, proposed legislation like the CLARITY Act may centralize control rather than enhance decentralization, and the market\u2019s risk-off sentiment has replaced the previous speculative fervor. <\/p>\n<p>Even supporters like Cardano founder Charles Hoskinson have labeled the administration\u2019s crypto impact \u201csomewhat useless,\u201d while Nobel laureate Paul Krugman called the Bitcoin crash \u201cthe unraveling of the Trump trade.\u201d<\/p>\n<p>A <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.theinformation.com\/articles\/crypto-holders-like-trumps-crypto-policies?utm_source=chatgpt.com\" target=\"_blank\" rel=\"nofollow\">survey<\/a> from <em>The Information<\/em> shows that roughly 71% of respondents oppose the Trump administration\u2019s cryptocurrency policies, with 59% strongly against them. Only about 20% expressed support.<\/p>\n<p>Interestingly, even among crypto owners\u2014around 40% of respondents\u2014opposition outweighed support, bucking trends from other polls where crypto holders leaned pro-Trump.<\/p>\n<p>Critics cited several concerns: potential conflicts of interest from Trump and his family\u2019s crypto ventures, the risk that a strategic Bitcoin reserve could weaken the U.S. dollar, and broader worries over fraud, crime, and market volatility in digital assets.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The honeymoon is over\u2014for President Donald Trump and for crypto enthusiasts alike. A new Morning Consult poll shows Trump\u2019s approval slipping to 45%, with disapproval climbing to 52%, down slightly&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22055","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=22055"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22055\/revisions"}],"predecessor-version":[{"id":22056,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22055\/revisions\/22056"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1153"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=22055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=22055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=22055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}