Ether’s price rebound potential hinges on improving US credit and labor data, as traders show caution after recent liquidations and volatility in derivatives markets.
Donald Trump News
Donald Trump is the 45th president of the United States, and a former businessman and TV persona. Trump was born and raised in New York and received a degree in economics from the Wharton School of the University of Pennsylvania. President Trump is the richest and oldest person to assume the presidency. Donald Trump’s ratings indicated only a minor possibility for him to win the election, but he managed to become the fifth president to have won the election while losing the popular vote. Donald Trump’s statements about his position on immigration, employment and foreign policy, published on Twitter and during interviews, quickly brought him free media coverage, as they were highly controversial. The media described his ideas as populist and nationalist. Donald Trump’s approval ratings have been the lowest for any president after the first ten months of the term.
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Representatives from Gemini, Ripple and Coinbase were in attendance at the fundraising dinner at the White House on Wednesday evening.
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The Trump family’s crypto ventures have generated over $1 billion in profit, led by World Liberty Financial and memecoins including TRUMP and MELANIA.
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Asked by reporters whether the US is preparing for a trade war with China, US President Donald Trump responded: “Well, we’re in one now.”
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Friday’s flash crash reduced short-term risk appetite; it didn’t affect Bitcoin’s long-term potential, though it may have delayed a new all-time high by weeks or months.
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A massive Bitcoin short placed minutes before US President Donald Trump announced tariffs with China on Friday has raised questions about insider trading.
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Bitcoin and the major altcoins witnessed solid buying at lower levels, but a sustained relief rally is unlikely as the bears are expected to sell at higher levels.
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Analysts say confusion over China’s export rules rattled markets before Bitcoin miners led a swift recovery on Monday.
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Binance’s pricing glitch and a new chapter in Trump’s trade war turned a market sell-off into the largest crypto liquidation on record.
5939 - Altcoin Watch
XRP’s price recovery followed the market crash, suggesting aggressive buying on the dips in anticipation of further price gains.
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Ethereum layer-2 tokens outperformed the market, with Mantle surging 31%, driven by Bybit integration and increasing adoption across scaling solutions.
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Binance co-founder Changpeng Zhao said that being considered for a presidential pardon from Trump would be “great news if true.”
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Ether, BNB and Solana led as the crypto market powered back up after Friday’s flash crash, with crypto treasury firm BitMine capitalizing on the dip.
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Tensions between the two countries appear to have cooled off on Sunday, as representatives from both sides signaled a willingness to negotiate.
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The selling in Bitcoin and altcoin is not over yet, but data suggests that the nature of the CME Bitcoin and equities futures market open on Sunday will determine the direction BTC price takes.
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