The post Reasons behind the crypto crash with Trump as President and Paul Atkins at the SEC appeared on BitcoinEthereumNews.com.

The crypto crash has unfolded under Donald Trump as the president and Paul Atkins as the head of the Securities and Exchange Commission. Summary The crypto market crash has happened under Donald Trump as President. It also tumbled despite the friendly regulations under Paul Atkins. Trump’s second term has been characterized by uncertainty, especially on trade. Crypto crash has happened under Donald Trump  Bitcoin (BTC) has already erased all the gains made during the Trump presidency and is now trading at its lowest level since October 2024. Altcoins have done worse, with some notable names like Shiba Inu and Cardano hovering near their lowest levels in 2022. The ongoing crypto crash is ironic as the industry has some major tailwinds. President Trump is the most friendly president for the industry, while Paul Atkins has embraced a different approach than Gary Gensler.  For example, Gary Gensler ended the lawsuits against top companies like Coinbase, Uniswap, and Ripple. He also embraced a more friendly approach, including not launching any lawsuits. Washington has also enacted some friendly regulations. It passed the GENIUS Act last year, and is now working on the CLARITY Act that will separate SEC and CFTC duties. There are a few reasons behind the crypto market crash under Trump. Analysts cite the launch of the Official Trump meme coin as a major risk in the industry as it drained vast liquidity. The meme coin initially jumped to $50 and then plunged to below $5. At the same time, geopolitical risks have remained elevated under Trump. It started with his global tariffs to the current war in Iran that has pushed crude oil prices to the highest level in years. His tariffs disrupted the falling inflation and pushed the Federal Reserve to be more cautious in its monetary policy. This trend…

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Filed under: News - @ March 8, 2026 7:25 am