Krugman Blames Trump’s Slipping Polls for Bitcoin Drop
On Nov. 26, 2025, economist and Bitcoin critic Paul Krugman argued that Bitcoin’s recent slide is not accidental but tied to President Trump’s worsening poll numbers, contending that market sentiment and expectations of a less favorable policy environment pushed BTC lower. Krugman framed the drop as symptomatic of how political fortunes can feed directly into crypto prices.
The remark highlights the increasing political sensitivity of crypto markets: traders often respond to perceived changes in regulatory risk and leadership prospects. While correlation is not proof of causation, the episode is significant because it shows how electoral dynamics can amplify short-term volatility in BTC and other tokens, prompting investors to watch polls and policy signals more closely.