If You Invested $1,000 In Bitcoin When Donald Trump Won 2024 Election, Here's How Much You've Lost

Benzinga04:38

A year and a half later, cryptocurrency is trading lower than it was when Trump won the 2024 election.The Crypto PresidentIn 2019, Trump spoke out about Bitcoin and cryptocurrency."I am not a fan of ...

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His campaign was also the first to accept cryptocurrency for donations.Trump’s victory ultimately helped Bitcoin soar in value; it hit a high of $76,460.16 on Nov. 6, 2024, the day after Trump won the election.A week later, Bitcoin passed the $90,000 level for the first time. In January 2025, the month Trump was sworn in for a second presidential term, Bitcoin hit the $100,000 mark for the first time.Optimism grew after Trump signed an executive order to establish a Strategic Bitcoin Reserve.Bitcoin traded higher for over a year after the election, hitting an all-time high of $126,198.07.Fast-Forward To TodayBitcoin traded under $50,000 this week—the lowest level since October 2024.Optimism for cryptocurrency related to the presidency is not as high as it once was, as some of Trump's promises for a Strategic Bitcoin Trust to buy Bitcoin and the passing of major cryptocurrency legislation have stalled.Investing $1,000 in BitcoinBitcoin traded at a high of 476,460.16 on Nov. 6, 2024 after Trump won the 2024 presidential election.Today, Bitcoin trades at $63,889.31, down 16.3%.This means a $1,000 investment in Bitcoin after Trump won the election would be worth $836.95 today and lost money.Bitcoin could gain in value in the future if a president who has shown past support continues to signal favorable policy toward the asset, but investors who bought into the leading cryptocurrency shortly after the 2024 presidential election are currently sitting on losses.Meanwhile, the Trump family continues to make billions through various crypto ventures.Photo Courtesy: Victor Sanchez G on Shutterstock.comMarket News and Data brought to you by Benzinga APIs© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.To add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2642595194","isCrawlerRequest":true}