& Crypto: Latest Developments — February 17, 2026
The cryptocurrency market is facing significant turbulence closely linked to President Donald Trump's actions and policies. Bitcoin soared nearly 100% after Trump's re-election, reaching an all-time high of approximately $126,000 per coin in October 2025 — but has since collapsed sharply, falling to around $60,000, erasing all post-election gains.
Trillions of dollars in value have been wiped from global crypto markets, raising serious questions about whether Trump's presidency has truly delivered on its pro-crypto promises.
On the legislative front, sweeping digital asset legislation remains stalled in Congress, with industry insiders estimating only a 25%–60% chance of passage in 2026, hindered largely by ethical concerns surrounding Trump's personal crypto ventures.
The Trump family has reportedly accumulated over $802 million from crypto operations, with more than 90% of declared family income now derived from cryptocurrency activities.
These financial entanglements continue to draw sharp criticism from lawmakers and market observers alike.