Bitcoin faced a significant downturn as the cryptocurrency market experienced volatility following President Trump’s recent social media statements and political actions. Despite a preliminary surge driven by positive stock exchange trends, uncertainty arose surrounding Bitcoin due to Trump’s announcement of halting US financial support for South Africa and excluding them from the 2026 G20 summit. Trump’s claims about human rights violations in South Africa and the subsequent U.S. withdrawal from the G20 presidency in response to this situation triggered a dramatic bearish candle for Bitcoin. The market’s reaction highlights the increasing vulnerability of cryptocurrencies like Bitcoin to external political influences and economic factors.