TRUMP Escalates Despite Market Adjustment, While BTC Drops $2K (Market Overview)

After a period of gains and multi-week highs, Bitcoin's value reversed, decreasing by around $2,000. Most other cryptocurrencies have mirrored this trend, except for TRUMP, which experienced a surge after announcing a special dinner with the US president for its top 220 holders.

Bitcoin had a slow week, fluctuating between $83,000 and $86,000, before finally breaking the upper boundary and reaching over $90,000 for the first time since early March. Despite reaching over $94,000, it then lost around $2,000, now trading at about $92,000. Meanwhile, TRUMP's value surged nearly 30% following the announcement of the special dinner. In contrast, most other cryptocurrencies, including XRP, DOGE, HBAR, and PEPE, have seen a decrease.

The total crypto market has lost about $80 billion since yesterday's peak.