The 47th president equates his job performance with the stock market more than any predecessor. Was he really going to convene an industry event with bitcoin down 23% in recent weeks?

Through Saturday the crypto market was down 14% in 2025. 

Despite all of the hype and promise from the Trump administration, the industry had been left disheartened by a few memecoin scandals as well as a lack of tangible progress from the government outside of the dismissal of some cases from the Securities and Exchange Commission and the release of a somewhat vague Executive Order on January 23.

But that…