This Week in the Crypto Market: May 26-31, 2025

Although there were positive developments in the crypto market this week, the foreign policies of the US led to major declines. This week, the Bitcoin Conference 2025 event held in Las Vegas, USA, came to the fore. US President Donald Trump’s children Eric Trump and Donald Trump Jr gave speeches at the event. Important names in the US also made positive comments about Bitcoin. While the event had a positive impact, striking statements came from US President Donald Trump towards the end of the week. Trump’s foreign policy led to a big drop in Bitcoin price. Altcoins lost over 10 percent from the previous week’s peak.

So what happened this week? Here are the highlights of this week…

Crypto Market Started the Week Positive

Although there were big declines in the last days of the week, the rhetoric of US President Donald Trump at the beginning of the week added color to the crypto market. On Sunday, May 25, Trump announced that the tariffs imposed on the European Union were postponed until July 9. On Monday, May 26, the first trading day of the week, many cryptocurrencies, especially Bitcoin, gained positive momentum. Analysts suggested that the bull run would intensify on the first trading day of the week and made bullish predictions.

Bitcoin Dropped 8 Percent From ATH Level!

The price of Bitcoin reached an all-time high of $111,980 the previous week. The rise on May 22, 2025 created excitement among cryptocurrency investors. In particular, the softening of US foreign policy and expectations that the Fed would cut interest rates contributed to Bitcoin’s record-breaking rise. While the crypto market thought that the bull run had just begun, there were big drops this week. Bitcoin has fallen 8 percent since May 22. US President Donald Trump announced that China violated the agreements and therefore customs duties on China will be increased to 50 percent. After Trump’s statements, Bitcoin fell from $108,800 to $103,100. The decline caused altcoins to erase the rises they realized throughout May in one day. Experts think that the US will take sharp steps in foreign policy for a long time and financial markets will be affected by these steps.

Trump Family Excites Crypto Market

Bitcoin Conference 2025, the crypto event that marked the week, hosted important names. Among these names was the Trump family. Eric Trump and Donald Trump Jr excited crypto investors with their speech at the event.

Eric Trump stated that the crypto industry started to develop with his father becoming the US president and that the US is ready to lead in this sector. Eric Trump noted the following words at the event; “America will win the crypto revolution. We finally have a confident president in the White House. We have a president who loves this industry, who stands behind this industry 100%.”

Eric Trump also stated that Bitcoin will reach 170,000 dollars a year later. Donald Trump Jr stated that everyone should buy Bitcoin and that traditional finance will change with Bitcoin. Donald Trump Jr claimed that Bitcoin will rise to $ 175,000 a year later.

Coinbase Can’t Avoid Lawsuits

Coinbase, a public crypto exchange in the US, has been struggling with legal processes recently. Coinbase, which was previously sued after a $20 million customer data breach, was this time sued by share investors. Brady Nessler, who invested in Coinbase’s COIN stock, applied to the Pennsylvania federal court on May 22. Nessler stated that Coinbase’s data breach and allegations that the agreement with the UK Financial Conduct Authority had broken down affected the share price. Claiming speculation, Nessler believes that Coinbase is also involved.

Bitcoin Step in the Middle East

Pakistan’s capital Islamabad has turned to Bitcoin as part of efforts to attract technology investments in the country. A Bitcoin mining facility with an average of 2,000 MW of energy and artificial intelligence centers are planned to be established in the city of Islamabad. Pakistan’s Finance Ministry said the energy allocation will power Islamabad’s cryptocurrency mining and artificial intelligence data centers. Pakistan’s innovative initiative is led by the Pakistan Crypto Council, a government-backed organization that went live earlier this year.

“Even One Bitcoin Can Easily Make You Rich”

Robert Kiyosaki, author of Rich Dad, Poor Dad, often says that one should invest in Bitcoin, gold and silver. In tweets that have reached millions of people, Kiyosaki claims that the US will soon go bankrupt and the dollar will lose strength. The economist thinks the best asset protection tool for the future is Bitcoin, gold and silver. Kiyosaki made a striking statement this week. The famous author stated that people are in the easiest period in history to become rich and financially free, and that even one Bitcoin could be enough for that. Many analysts think that Bitcoin will be traded at $1 million in the near future.

Important Step from the SEC: Clarity on Staking

The US Securities and Exchange Commission (SEC), the number one regulatory agency in the US, has stated that staking activities on certain proof-of-stake (PoS) blockchains fall outside the definition of securities. The development caused a stir in the crypto market. Industry experts said that the SEC’s exclusion of staking activities on certain blockchains from the definition of securities is positive. According to experts, this development paved the way for exchange-traded funds (ETFs) to integrate staking features.

1 Billion Dollars for Ethereum

According to a filing with the SEC, SharpLink Gaming, a US-based company, plans to use most of the proceeds from the proposed share sale to purchase Ethereum (ETH). The US sports betting platform has filed with the SEC to offer up to $1 billion in stock in an effort to build an ETH treasury and increase its assets. SharpLink Gaming stated in the filing; “We plan to use the majority of the proceeds from this offering to purchase Ether, the native cryptocurrency of the Ethereum blockchain, commonly referred to as ETH.”