Bitcoin Returns to 90K! Trump vs JPMorgan: Who Will Win Crypto War?
Within just a week, BTC rebounded back to 90K. As the crypto world’s well-known candlestick painter, Trump surely won’t sit still and let Old Money dump on him.
In November, while everyone was frantically cutting positions and fleeing to safety, one major figure quietly had two publicly listed companies submit their holdings to the SEC.
$Trump Media & Technology(DJT)$ reported holding around 11,500 Bitcoin. The disclosure date was November 8, but the purchase happened even earlier — with an average cost of about $115,000 per BTC, leaving them roughly 30% underwater at current prices.
Meanwhile, American Bitcoin Corp, controlled by Trump’s two sons (Eric Trump & Donald Trump Jr.), holds 4,004 Bitcoin. Their cost basis is slightly lower — but still well above $100,000.
Trump moved extremely fast afterward.
First, last Friday, expectations for a December rate cut surged to 80%.
Then, U.S. officials publicly criticized JPMorgan’s anti-crypto stance, arguing it is undermining public trust in the banking system and pushing the digital asset industry out of the U.S. The crypto community quickly launched the “Boycott JPMorgan” wave.
$JPMorgan Chase(JPM)$ vs Trump: Why Did This Crypto War Start?
What we are witnessing is a head-on clash between two monetary systems:
• The Old Order: Driven by JPMorgan, Wall Street, and the Federal Reserve
• The New Order: Driven by the U.S. Treasury, stablecoins, and a digital architecture anchored by Bitcoin
Today, the Fed and commercial banks (led by JPMorgan) control nearly all USD creation. If issuance and settlement shift toward a Treasury + Stablecoin model in the future, banks will lose their power, profit streams, and dominance.
During last week’s crash, JPMorgan shorted both $Bitcoin(BTC.USD.CC)$ and $Strategy(MSTR)$
1) Shorting Bitcoin
Analysts claim JPMorgan applied a “gold-style suppression mechanism” — synthetic shorts and liquidity shocks — to control BTC price action.
2) Shorting MSTR
JPMorgan pushed MSCI to exclude companies with over 50% crypto exposure, putting MSTR at risk of $8.8B in outflows.
Historical Bitcoin Prices on Thanksgiving
2012: $12.20
2013: $1,031
2014: $376
2015: $357
2016: $735
2017: $10,058
2018: $4,257
2019: $7,463
2020: $17,717
2021: $57,248
2022: $16,215
2023: $37,035
2024: $95,380
2025: $91,222
Historically, BTC tends to surge dramatically in the year after each halving. But this year, on Thanksgiving, BTC is still below last year’s price.
Has Trump’s hype from last year already pulled forward all of BTC’s gains?
With Bitcoin back to $90K, who will win the crypto war?
Or JPMogran just wanna lower the BTC price to load up?
When will Trump and his sons break even on Bitcoin?
Surge or skyfall after the halving: which one may happen first?
Leave your comments to win tiger coins~
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Has Trump’s hype from last year already pulled forward all of BTC’s gains?
With Bitcoin back to $90K, who will win the crypto war?
Or JPMogran just wanna lower the BTC price to load up?
When will Trump and his sons break even on Bitcoin?
Surge or skyfall after the halving: which one may happen first?
Leave your comments to win tiger coins~
Historically, post-halving years see BTC far above the prior Thanksgiving price, but 2025 is lagging. I think Trump’s 2024 hype pulled gains forward. Even so, BTC tends to reprice fast when narratives flip, and Trump’s break-even around 100–115K isn’t far if momentum returns.
As for surge or skyfall, I expect a shakeout first — institutions always prefer buying fear. But structurally I’m still leaning bullish, because suppression usually builds energy for the next move up.
@TigerStars @Tiger_comments @Crypto加密虎
Partly. Political optimism lifted prices early, but ETF inflows and liquidity still drive most of BTC’s move. Not all future gains are exhausted.
2. With BTC near 90K, who is winning the crypto war?
Bitcoin leads as institutional “digital gold”. Ethereum still dominates smart-contract use, while Solana leads high-speed apps. Overall, institutions are the real winners.
3. Is JPMorgan pushing prices down to load up?
Unlikely. BTC corrections come mainly from leverage wipes and profit-taking, not banks engineering crashes.
4. When will Trump and his sons break even?
Reports suggest entries around 55K–75K. At 90K, they are probably already profitable unless they averaged up.
5. Surge or skyfall after halving?
More likely a soft dip or sideways range first, then a medium-term surge as liquidity improves. Skyfall requires a major shock, which is low-probability now.
Check them in the history - “community distribution“
JPMorgan $JPMorgan Chase(JPM)$ side : Cautious, risk focused and sometimes accused of suppressing Bitcoin linked equities.
The real winner may not be either. It is the market itself, where emotional sentiments, regulation and institutional flows decide the outcome more than political or banking rivalry.
@Tiger_comments @TigerStars @Tiger_SG @TigerClub @CaptainTiger
I am watching the usual beta names. CRCL and RZLV move fastest when liquidity returns. COIN and MARA track volume more than price. And MSTR will react the hardest if funds reverse flows.
Not financial advice. Trade wisely, Comrades!
11月，當大家都在瘋狂減倉避險時，一位大人物悄然兩家公開上市公司向SEC提交他們的持股。
$特朗普媒體與技術(DJT)$報告持有量約11,500名比特幣披露日期是11月8日，但購買發生得更早——平均成本爲每BTC約115,000美元，離開他們大約30%在水下按當前價格計算。
Battle lines (like policy) can change at a whim, the fallout when measured against personal gain irrelevant.
Bitcoin always volatile, always narrative sensitive... Trump just a blip in a far bigger, and longer lived picture.
But even stable coin cannot be lumped in with currencies like the USD.
Stablecoins do not have monetary authorities behind them, where in the case of USD if a bank run occurs, the Feds can print currency to prevent the dollar from cratering (that does not happen for Stablecoins obviously...)
Just leave it as currency VS bitcoin... don't involve stablecoins, that is a different sort of asset
Great article, would you like to share it?