Trump’s Crypto Boom Turns Bust – $300B Gone

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US President Donald Trump’s profound impact on crypto markets has been seen this week with a $300 billion pump and dump. 

President Donald Trump incited a $300 billion crypto market pump on Monday following the announcement of a US crypto reserve.

The same Donald Trump has now induced a $300 billion crypto market dump as his trade tariffs come into effect on March 4.

Total market capitalization has crashed almost 14% over the past 36 hours or so in a plunge to $2.82 trillion from over $3.2 trillion on Sunday evening. The move has wiped out all brief gains from the pump that followed his crypto reserve announcement on March 2.

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