The most exciting days of the year for crypto investors continue. Hours later, Trump’s first official crypto moves will come. Bitcoin price is around $104,740 at press time and altcoins are largely in the red. SOL Coin is diverging positively and its supporter is of course Trump. What’s going on?
Cryptocurrencies Latest Status
Ethereum (ETH) yesterday $3,267.2 short positions reached an all-time record level and ETH price now at $3,277. Vitalik Buterin then announced that the role of the Ethereum Foundation, as well as the state of the foundation’s management, will be examined. While all this was happening, the new President Trump, who would take office hours later, launched his own meme coin on the Solana network.
Instantly major exchanges like Coinbase and OKX TRUMP CoinHe listed because it was official. Trump Coin, which quickly surpassed billion-dollar market cap from a few hundred million dollars, absorbed significant liquidity over the weekend, along with weakness in altcoins. SOL Coin price This was the reason for the increase.
Cryptocurrency Expectations
Bitcoin (BTC) 
$103,062.1 It continues to close above $104,000 and SOL Coin reached a new all-time high at $275. It is likely that tomorrow Trump will take big steps even regarding the Bitcoin reserve.
This being the case, BTC is strong but altcoins are still being crushed. BTC The normalization of this region, with its weekly price closing at six-digit levels, may excite investors more in the coming days.
Meme coins are the sweetest looking part of cryptocurrencies, and new investors are seeing the gains here. Now that the US President has launched his own meme coin and made it worth billions of dollars, stories of investors making huge profits may cause liquidity-seeking altcoin investors to flock to the exchanges. OFFICIAL TRUMP (TRUMP) is selling at $37.7 with a transaction volume of $11.2 billion and a market value of $7.5 billion at the time of writing.
The winner of the week is in altcoins FARTCOINRAY, SOL and JUP and their prices increased between 40 and 98 percent.
Other good news trump Due to this effect, volumes are on the verge of 200 billion dollars even though we are at the end of the week, and the total market value of cryptocurrencies has reached 3.63 trillion dollars. The only problem is that BTC market dominance is climbing above the 57 level again.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
