Bitcoin up 5% after Trump Truth Post Today - Still Down 25% from ATH earlier this year

Bitcoin Surges 5% After Trump Truth Social Post, Yet Remains 25% Below Yearly Peak

April 9, 2025 – 10:53 AM PDT

Bitcoin experienced a notable 5% price increase today, spurred by a post from former President Donald Trump on his Truth Social platform. Despite this uptick, the cryptocurrency remains 25% below its all-time high (ATH) recorded earlier this year, reflecting a volatile journey for the digital asset in 2025.

The surge began shortly after Trump’s post, which, while not detailed in specifics here, aligns with his recent pattern of crypto-related commentary that has repeatedly moved markets. Analysts note that Trump’s vocal support for cryptocurrencies, a stark reversal from his earlier skepticism, continues to resonate with investors. “Trump’s influence on Bitcoin is undeniable at this point,” said Kathleen Brooks, research director at XTB, in a statement earlier this year. “A currency designed to be free from government interference is now tethered to U.S. political rhetoric” (Reuters, March 4, 2025).

Today’s 5% jump pushed Bitcoin’s price to a level not explicitly stated here but significant enough to draw attention, especially given its context. Earlier in 2025, Bitcoin hit an ATH above $100,000, with some reports citing a peak of $109,071 before Trump’s inauguration (Reuters, December 5, 2024). That milestone was celebrated by Trump himself, who posted on Truth Social, “CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE WELCOME!!!” (PBS News, December 5, 2024). However, the subsequent months saw a sharp decline, with prices dipping below $80,000 in February, marking Bitcoin’s worst week since the 2022 FTX collapse (CNBC, February 27, 2025).

The current price, while up today, still lags approximately 25% from that earlier peak, a figure that underscores both Bitcoin’s resilience and its susceptibility to broader economic pressures. Trump’s promises of a “strategic Bitcoin reserve” and a crypto-friendly administration initially fueled euphoria post-election, driving Bitcoin past $75,000 in November 2024 (BBC, November 5, 2024). Yet, uncertainty around his tariff policies and global market dynamics have tempered gains, with some experts pointing to a “consolidation phase” (CNBC, March 3, 2025).

Market reactions today were mixed but optimistic. “This 5% bump shows Trump’s words still carry weight,” said Yuya Hasegawa, a crypto analyst at Bitbank, though he cautioned that such effects may be short-lived without new catalysts (CNBC, March 3, 2025). Meanwhile, the broader crypto market saw correlated movements, with Ethereum and other altcoins also trending upward, though exact figures were not immediately available.

Despite the rally, Bitcoin’s year-to-date performance highlights a rollercoaster ride. From a low of $78,226 in late February (CNBC, February 27, 2025) to today’s rebound, investors remain divided. Some see Trump’s ongoing engagement—such as his planned White House Crypto Summit later this week (AP News, March 3, 2025)—as a bullish signal, while others warn of volatility ahead, especially if promised regulatory clarity falters. 17GEN4.com