Bitcoin falls with Trump and Milei, but is still considered a good investment
Despite the fall, movement should not be observed with concern, as it represents a natural cycle of bitcoin. Evaluation is from Israel Buzaym, BityBank Communication Right. He explains that many investors took advantage of the appreciation of cryptocurrency at the end of last year to maximize profits, and considers that the decrease in the negotiated daily average suggests lower active participation of investors.
“Virtual Pirates” made major robberies in 2024, which helped ward off investors. A hacker attack on the exchange of bybit cryptocurrencies, which diverted more than $ 1.4 billion in the second half of last year, accounted for 60% of all money stolen by cyber attacks.
“Memecoins” viralize, but cause damage. Also at the end of the year, a controversy caused by Javier Milei, president of Argentina, who announced on social networks a cryptocurrency that was bought by thousands of citizens, and which devalued in a few minutes, are factors pointed out by Buzaym for an increase in distrust. But the director believes that situations like this can happen again, perhaps not with so much financial impact.
I believe this trend should continue throughout 2025, with newcomers trying to find the next explosive crypto that can multiply gains. The credibility of the crypto market is not shaken by isolated cases, but attention to projects with fragile fundamentals is essential.
Israel Buzaym, BityBank Communication Right
Looking for memecoins remains strong. Buzaym states that some initiatives are even useful in the real world or are linked to charity projects.
Trump also generated expectation in the cryptocurrency market. When asked if “The Crypto Market Bubble” burst, André Franco, CEO of Boost Research, returned with a reflection: “The whole world is falling, the world is averse to risk and naturally these scenarios are very challenging.” He evaluates that the taxes announced by the US President and the pressure of these measures also influence the value of cryptocurrency.
