A leaked Elliott Management letter to investors reveals the hedge fund’s managers fear Trump is stoking a unprecedented bitcoin price bubble that’s headed for “inevitable

Discover how Bitwise believes Donald Trump’s crypto executive order Will bring trillions of dollars into the crypto market.

President Trump is inflating a crypto bubble that could cause havoc when it busts, according to hedge fund Elliott in an investor letter, The Financial Times reported. Trump’s extraordinary embrace of cryptocurrencies could fuel a speculative mania that would cause havoc when crypto prices collapse,

The price of Bitcoin dove Friday after President Trump’s team confirmed that tariffs on China, Mexico, and Canada are imminent.

Bitcoin (BTC-USD) is set to fall by 1.5% as compared to last week, as President Donald Trump's proposed tariffs on Canada and Mexico and 10% tariff on China will indeed go into effect on Saturday.  The world's oldest cryptocurrency retreated to multi-day lows on Monday,