Trump’s Statements Stir Up Excitement in the Crypto Market – BitRss

BTC ($89,124.75) price hovers around $90,290 while rapid gains in altcoins have stalled or even reversed. Despite the decline in the leading cryptocurrency causing turmoil among altcoins, most cryptocurrencies are ignoring this downturn and awaiting further losses from BTC. How do experts interpret the current situation? What direction are Trump’s recent statements steering the market?

Trump and U.S. Cryptocurrencies

A crypto summit is scheduled for Friday, and yesterday’s announcement heightened expectations leading up to it. Trump is expected to announce a $100 billion investment at 21:30 TSI, while today’s U.S. Manufacturing PMI data came in lower than anticipated.

In response to Zelensky’s remarks about the war potentially dragging on for a long time, Trump stated, “This is the worst comment he could make.” The U.S. President asserted that there will be no further tolerance for Zelensky’s recent statements regarding Russia. Today, Trump will discuss necessary actions regarding Ukraine, and it may be revealed that U.S. military aid has been suspended.

Expert Opinions on Cryptocurrencies

Following announcements regarding BTC, ETH ($2,244.60),