The digital asset industry has seen massive growth over the past year, especially after Donald Trump’s presidential win. Binance founder and former CEO Changpeng Zhao has reflected on the crypto market boom after the US election.
Indeed, the crypto market has experienced a remarkable transformation over the past one year, driven by the progressive and crypto-friendly moves of the president. This article examines the validity of CZ's claim about the crypto market boom, considering the industry's rapid growth following Trump's presidential win.
“Just realized, 1 year (minus 2 days) after the last US election. What a difference!,” stated CZ in a recent X post. This highlights Zhao’s enthusiasm for the massive transformation of the digital asset industry over this period, especially after Trump’s inauguration as the 47th US President.

Despite recent market turbulence and a historic crash that erased record assets, the crypto market has still managed to post significant gains over the past year. The industry, which stood at $2.26 trillion in last November, has grown to an ambitious height of $4.28 trillion during this one-year journey. Top cryptocurrencies like Bitcoin, Ethereum, BNB, XRP, and Solana have posted notable gains, sparking renewed interest.
Notably, Zhao’s post was a direct response to crypto critic Peter Schiff’s criticism of BTC. In a thread, Schiff noted,
Bitcoin is back below its high from January 2025. In contrast, the NASDAQ and gold are 18% and 42% above their respective January highs. Given all the Bitcoin hype since Trump’s inauguration, why has Bitcoin made no progress despite the rise in both risk-on and risk-off assets?
In the message, Schiff noted that the cryptocurrency has made no significant progress since the Trump election, unlike gold and other assets. However, CZ condemned, highlighting the CoinMarketCap chart, which shows the pioneer digital asset’s yearly growth of about 60%. BTC was trading below $70k last November. Soon after the election, it started showing a steady growth, reaching a bold high of $126k last month.
2025 has been a remarkable year for the cryptocurrency industry, marked by significant growth, innovation, and increased adoption. Regulatory clarity has brought a wave of resolution to the crypto industry, with several high-profile lawsuits, including the Ripple vs SEC case, reaching a conclusion.
These developments have significantly made a positive impact on asset prices, with many tokens reaching new ATHs. However, October proved bearish, with the industry experiencing its largest-ever crash, defying traditional bullish trends.

This casts a shadow over the trajectory in the remaining months of 2025, which are historically bullish. Reflecting on this concerning trend, Sapna Singh, a prominent voice on X, highlighted the prevailing uncertainty, sparking discussions about potential market volatility in the coming weeks. She noted that October's subtle downturn has sparked concerns about November's performance, given the historical precedent of a 36% Bitcoin crash.
With three years of teaching experience, I have nurtured a deep passion for the English language and literature. My unwavering dedication to writing has now reached a new milestone with my transition into content creation. Today, I embrace the boundless possibilities that the FinTech industry offers. As a committed content writer, I channel my love for language and my curiosity into in-depth cryptocurrency research. Writing is not just my profession but my passion, especially in the dynamic realm of the digital world, with a particular focus on digital currencies that are shaping the future of our modern era.