As Trump's tariffs hit stocks, Newsweek examines what the crash of $TRUMP and $MELANIA coins reveals about digital assets in 2025.

The $2 trillion-plus crypto market posted a one-day increase of over 7% after Trump backed away from steep reciprocal tariffs for dozens of countries.

Crypto has fallen sharply this year as the euphoria that drove prices to record highs in the wake of Donald Trump’s election victory subsided. It dropped further still after the US president imposed tariffs on countries around the world last week.