Bitcoin Price Drops After Trump Comment on 2028 Election

Bitcoin price drops after Trump comment, causing panic among crypto traders. The president said he “probably” won’t run for office again—triggering an immediate reaction in the crypto market.

The sharp decline came just as Bitcoin tested resistance near $115,000. Within minutes of Trump’s remarks, BTC fell over $1,500, marking one of its steepest intraday losses this month.

Trump’s Comment Fuels Market Uncertainty

Donald Trump, who often refers to himself as both the 45th and 47th President, admitted today that he “probably won’t” run for President again in 2028. This statement contradicts months of speculation and social media hints about a possible return.

 

BREAKING: President Trump says he would like to run for president again but he “probably will not.”

— The Kobeissi Letter (@KobeissiLetter) August 5, 2025

 

The 22nd Amendment of the U.S. Constitution already limits a person to two terms as President. Experts say there is no legal route for Trump to run again, despite widespread debate.

Bitcoin Price Drops Over $1,500 in Minutes

Shortly after his statement, the Bitcoin price dropped sharply. Traders reacted not only to the political uncertainty but also to Trump’s additional comments about possible new tariffs on India and a trade deal with China.

Bitcoin fell from near $115,000 to just under $113,500, as investors rushed to take profits or hedge risk. This proves once again how sensitive the crypto market remains to U.S. political developments.

Make money without lifting your fingers: Start using a world-class auto trading solution.

EightCap, your trusted Partner in CFDs, Cryptocurrencies and Stocks.