The crypto market's sentiment has dramatically changed in the first year of Donald Trump's presidency. Following his election victory on November 6, 2024, enthusiasm soared, but by late 2025, major political actions shifted the mood to disappointment and fatigue.
From Hope to Discontent
After Trump’s election, optimism ran high, peaking in January 2025 as many anticipated a pro-crypto administration. However, this hope was short-lived. As rallies fizzled out and previous highs faded, commentators voiced their frustrations. One user claimed, "Moment he won I shorted, I'm f***ing rich. I wish," reflecting a sense of disenchantment with the current landscape.
The Controversial Pardon
The October 23, 2025, pardon of CZ was a crucial turning point. Initially thought to rejuvenate market sentiment, it instead reversed any gains, confirming skepticism around Trump's impact on the crypto realm. Critics discussed the aftermath, with one stating: "Guy destroys everything he touches. Why doesn't the world know this?"
Current Sentiment: An Exhausted Community
As of January 22, 2026, the mood has notably shifted from fear to fatigue. Many echo sentiments like "Let it burn," indicating a withdrawal from active trading. Frustration over leadership has intensified. One commenter lamented, "We used to have a country. We used to actually believe in the future of p2p money. Now it's all in shambles."
On the forums, discussions show signs of despair intertwined with hints of hope. Some users still express a belief in recovery, although this is met with skepticism. One mentioned, "I think BTC will reach 150k again," though it remains to be seen if that will materialize.
Emerging Community Sentiments
Key discussions reveal vital themes:
Political Responsibility: Many blame political decisions for market instability, with one remarking, "Thanks Biden."
Dissatisfaction with Leadership: Various voices criticize leadership actions, underscoring a deep-seated distrust in government’s influence on crypto.
Glimmers of Optimism: Despite a bearish market, some remain hopeful and are monitoring for opportunities.
Vital Takeaways
△ Market sentiment has sharply declined since early 2025.
▽ CZ's pardon did not boost the market as expected.
※ “This guy isn't what he appears to be,” noted one prominent commenter.
The relationship between political actions and market reactions continues to unfold. Is this the start of a new cycle, or merely exhaustion following an emotional rollercoaster? Only time will tell.
Looking Ahead: Uncertain Future for Crypto
Market observers suggest that volatility may remain high through 2026. Some analysts predict that clearer regulations could stabilize the environment, yet ongoing political uncertainty complicates investor strategies.
As the crypto community waits for signs of recovery, they face the challenge of navigating an unpredictable market amid contrasting sentiments surrounding Trump’s leadership.