Will Trump’s bubble burst with crypto?

Video Description

Bitcoin has halved in value since October, and this is not a routine market correction. It is a crash. In this video, I explain why crypto has no underlying value, why the collapse still has further to go, and why banks that lent money so people could speculate on Bitcoin are now exposed. I also look at the growing fragility in stock markets and tech valuations, including AI, and explain why this could become a systemic crisis that makes 2008 look mild by comparison. Trump promised that crypto and markets would make his supporters rich. If those bubbles burst, the political consequences could be just as severe as the financial ones. This is not speculation. The evidence is now visible in the markets, and yesterday's volatility just proves it. Take a look at our poll below: https://www.youtube.com/post/UgkxuSwr-IIu4Ct0zmGMkCuBpvsZ8NmgUuQ1 00:00 Crypto crash begins – Bitcoin price collapse 00:38 Why this is not a correction but a crash 01:18 Bitcoin has no intrinsic value 02:05 Why crypto could fall much further 02:48 AI stocks and the next market rout 03:36 Banks, leverage and bailout risks 04:28 Trump, markets and the bursting bubble 05:22 Political and financial consequences ahead 06:00 A reckoning is coming – are we prepared? TRANSCRIPT A transcript for this video is available at: https://www.taxresearch.org.uk IF YOU WANT TO WRITE TO YOUR MP ABOUT ISSUES IN THIS VIDEO If you want to write a letter to your MP on the issues raised in this blog post, there is a ChatGPT prompt to assist you in doing so, with full instructions, here. https://www.taxresearch.org.uk/Blog/2025/06/20/chatgpt-prompt-for-a-letter-to-your-mp/ HOW TO SUPPORT US Please consider donating: https://ko-fi.com/taxresearch ABOUT RICHARD MURPHY Richard Murphy is Emeritus Professor of Accounting Practice at Sheffield University Management School. He is director of Tax Research LLP and the author of the Funding the Future blog. His best-known book is ‘The Joy of Tax’. This video was edited by Thomas Murphy. RICHARD MURPHY ON BLUESKY: https://bsky.app/profile/richardjmurphy.bsky.social OR ON MY BLOG: http://www.taxresearch.org.uk/Blog/ HIT SUBSCRIBE & GET NOTIFICATIONS Subscribe and get notified of new videos released. INTRODUCTION: https://www.youtube.com/watch?v=HdHsRPy3060 PLAYLISTS: The Wealth Series https://www.youtube.com/playlist?list=PLvRueM6wBgobQLeyZYAagFDMjEFTKbhRD Ecenomics https://www.youtube.com/playlist?list=PLvRueM6wBgob54Gs-fOL-8OAQ-IpduwB4 Britain https://www.youtube.com/playlist?list=PLvRueM6wBgobwTT4ATvJjsf8OO6S7wD10 Tax https://www.youtube.com/playlist?list=PLvRueM6wBgoaMni_12J6ULp3yUJisUZoY MMT https://www.youtube.com/playlist?list=PLvRueM6wBgoZ6jvRGSW5YXu8qogE6aClX Money https://www.youtube.com/playlist?list=PLvRueM6wBgoYnLk1c7syTvoIo8bKYUs5m Climate Change https://www.youtube.com/playlist?list=PLvRueM6wBgob4_wsYaVivWd2WumpPLYwJ USA https://www.youtube.com/playlist?list=PLvRueM6wBgoYYd3dSyU2Oyl3x7bWJOP7H Labour https://www.youtube.com/playlist?list=PLvRueM6wBgoa-KhzG-fnjDSg1WROL1zMw The Trump Administration https://www.youtube.com/playlist?list=PLvRueM6wBgobz41-GLimTho27A3flVWQx #CryptoCrash #BitcoinCrash #BitcoinBubble #CryptoMarket #FinancialCrisis #MarketCrash #StockMarketCrash #BankingCrisis #CryptoNews #BitcoinPrice #TrumpEconomy #MAGAeconomics #SpeculativeBubble #AIbubble #TechCrash #GlobalEconomy #EconomicCrisis #NeoliberalFinance #MarketVolatility #FinancialInstability #CryptoCollapse #BubbleBurst #SystemicRisk #BankBailouts #EconomicReality #EndOfTheBubble #FinancialReckoning #PoliticalEconomy #FundingTheFuture