Bitcoin Hits Record High Ahead of Trump Inauguration
Bitcoin hit a new all-time high above $109,000 ahead of the inauguration of Donald Trump on Monday, as investor optimism grows that the incoming president will adopt policies that benefit the crypto market. $BTC
was trading at around $105,000 recently, after moving as high as $109,350 overnight. The digital currency has gained 50% since the early-November election, with a renewed surge in recent days amid hopes that Trump could announce crypto-related measures during his inaugural speech or shortly after. $SOL which is the crypto network where the TRUMP and MELANIA meme coins were launched. Also reached a new all-time high over the weeken The TRUMP meme coin has been a wild ride for speculators so far, with its market capitalization standing at just under $10 billion on Monday morning. The meme coin saw a 44% drop in less than an hour on Sunday around the time of the launch of the MELANIA meme coin. Regarding - WEBšKING šŗšø DONALD J. TRUMP SWORN IN AS 47TH PRESIDENT OF THE UNITED STATES!ā¤ļø $TRUMP
The $TRUMP memecoin mined on the Solana network shook the market. It reached a market value of 70 billion $ in 2 days.
$SOL rose to $295 and said I am the best blockchain.
š£ We see the rise of $ROAM along with the Solana network. #ROAM stands out as the best #DePIN project of the Solana network.
Good news may come soon about the Roam project. There are important statements from the project team on this subject. Keep your Roam tokens well. We can announce good developments here soon...
LINK is now in a downtrend with the $23.83 resistance level as a key level, and sentiment is strengthening as open interest increases and exchange reserves continue to decline.
With the $23.83 resistance level as a key level, LINK may be about to rebound sharply to $30.
LINK's price action remains confined to a falling range, which is characterized by lower highs and lower lows. However, this structure is often associated with bullish breakouts, especially when the price approaches the apex of the wedge.
Therefore, a breakout above the $23.83 resistance level could trigger a surge toward $30 - a level that could attract a lot of interest.
On the downside, a failure to break through the resistance level could lead to further consolidation, delaying the bullish scenario. Therefore, the next few days will be crucial in determining the next direction of LINK.
Market sentiment and liquidations favor a bullish outlook.
Open interest surged 5.42% to $724.59 million, indicating increased participation and confidence among traders. In addition, liquidation data shows that shorts are trading more than longs, suggesting that the market has been leaning toward bullishness.
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#ęÆē¹åøä»·ę ¼čµ°åæåę Once again, let me educate everyone: there are very few valuable projects in the entire cryptocurrency space. Everyone should not always feel that they hold valuable coins; there is too much obsession with this. It could take five or ten years, but in the crypto world, a cycle lasts four years. Most coins do not survive beyond one year, let alone four; only some coins listed on major exchanges can barely last four years, and only a few established coins can withstand two bull markets. In the crypto space, everyone should have the mindset of $BTC standard. Every operation you make is to earn more Bitcoin, Ethereum, $BNB , rather than other altcoins. While you think about their valuable coins, they are actually eyeing your Bitcoin.
#ęÆē¹åøä»·ę ¼čµ°åæåę Once again, let me educate everyone: there are very few valuable projects in the entire cryptocurrency space. Everyone should not always feel that they hold valuable coins; there is too much obsession with this. It could take five or ten years, but in the crypto world, a cycle lasts four years. Most coins do not survive beyond one year, let alone four; only some coins listed on major exchanges can barely last four years, and only a few established coins can withstand two bull markets. In the crypto space, everyone should have the mindset of $BTC standard. Every operation you make is to earn more Bitcoin, Ethereum, $BNB , rather than other altcoins. While you think about their valuable coins, they are actually eyeing your Bitcoin.
Don't worry too much, the positive and negative news regarding Trump's presidency has offset each other.
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The black swan is coming, please be prepared for defense!
The global capital market may face a major storm this week! 1ļøā£The wildfires in California are still burning, and the current losses are approaching 200 billion U.S. dollars, which is expected to have a certain impact on the broader market. 2ļøā£The New York inflation expectations data will be released at 12 midnight (0 o'clock) tonight. It is estimated that there will be a retracement and then a rebound!
The Japanese yen rate hike, the US debt ceiling, and the CPI rebound, three black swans are about to strike, is your wallet ready? This may be a big blow to the cryptocurrency circle, but at the same time, it may also be a very good opportunity to buy at the bottom!
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