CandleFocus

Price of eggs rising faster than bitcoin in Trump’s America

Summary: Despite promises made during his election campaign, including supporting the cryptocurrency industry and looking into a "national digital asset stockpile," the price of eggs has continued to rise under the Trump administration, while the price of bitcoin has not seen significant appreciation. The price of eggs has increased by 53% since January 3, while bitcoin has only seen a 2% increase in the same period. These changes suggest that lowering grocery prices and driving up the price of bitcoin may require more than the actions taken by the administration. The promise to bring down the price of eggs may not have been feasible due to factors such as avian flu and labor force issues.

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