- US government’s crypto holdings have dropped from $21.15B to $15.911B since Trump took office — a 24.77% decline.
- The majority of assets are in Bitcoin, seized through law enforcement actions; no new purchases have been made.
- The market crash and new tariff policies are believed to be the main drivers of the sharp valuation drop.
Before becoming the US president, Donald Trump‘s campaign statements were music to the ears of crypto investors. One of his promises was that he would make the US among the top crypto-friendly nations if he won the US presidential election.
Many industry players accepted his promises as genuine without any doubt. Hence, when he became victorious at the election polls, there were discussions among crypto players on when the government would start buying cryptocurrencies.
However, the actions of the new administration differed considerably from its campaign promises. The US government has implemented various policies that have caused a decline in the value of cryptocurrencies owned by institutions and individuals, including the US government.
From $21.15B to $15.911B – A 24.77% Decline
Data from crypto analytics platform Arkham intelligence, showed that the US government’s total crypto holdings as of January 20, 2025 (when Trump was sworn in as US president) were worth $21.15 billion. However, these holdings are worth $15.911 billion as of the time of writing on April 7, 2025.
This drop represents a 24.77% loss in value.
US crypto holdings balance. Source: Arkham intelligence
America’s crypto holdings are majorly Bitcoin (BTC), which it seized during several law enforcement actions. The nation’s BTC holdings are currently worth $15.12 billion, down from the $20.64 billion worth on the day of Trump’s inauguration.
Why Does The US Government’s Crypto Holdings Value Keep Dropping?
While President Trump hasn’t fulfilled his promise of buying more cryptocurrencies, he has fulfilled his promise of not selling any crypto asset the country already owns. Hence, the drop in value of the government-owned cryptocurrencies is caused by the crypto market crash in the last few weeks.
For instance, the crypto market cap declined by $300 billion this past week after the president made its liberation day tariff announcement.
US Federal Reserve Holds Closed-Door Meeting
The Federal Reserve’s board of governors is currently holding a closed-door meeting. The meeting is happening at a time when there is increased economic tension as the current administration’s new tariff plans are starting to take effect.
Even though the US Fed indicated that the agenda of the meeting is to discuss official business, many experts believe the board of governors will discuss how to manage the economic consequences of the tariff plans earlier announced by the US president.
There are predictions that the tariff plans would cause a rise in inflation and a slowdown in the growth of the US economy.
