According to aggregated data from Coingecko, cryptocurrency markets slightly rose on Monday, recovering $3.1 trillion. On Monday, U.S. President Donald Trump will address Congress on his 100th day in office.
Trump's speech could sell the news or boost markets with cryptocurrency restrictions and strategic Bitcoin reserve directions.
Bitcoin rose beyond $95,000 as markets anticipate President Trump's 100-day speech on cryptocurrencies.
Last week's Bitcoin ETF inflows were record-breaking. Trump's criticisms of Fed Chairman Jerome Powell regarding controversial rate cuts led institutional investors to withdraw funds from dollar-denominated assets, boosting demand for BTC ETFs.
Bitcoin ETFs captured $3.16 billion in BTC over the past six days, as shown in the previous chart.
CME Group's FedWatch program shows an 8.9% chance of a rate cut despite Trump's inflammatory statements last week. With no updates on cryptocurrencies in Trump's 100-day speech, demand for Bitcoin ETFs may decline this week.
News: Monero leads the altcoin market as SUI and XRP drop in volumes.
With $3.1 trillion, the global cryptocurrency market capitalization gained 0.2% in 24 hours, according to CoinGecko.
Trading volumes were $83.6 billion, indicating market activity amid a cautious mood.
After a 15% increase to $274.34, Monero (XMR) was the token with the highest movement.
Recent reports about a controversial $333 million Monero transaction have increased its appeal as a privacy-focused network.
Monero was the most searched coin on Coingecko, indicating investor interest.
Sui (SUI) rose 2.3% to $3.80 in 24 hours.
The trading volume of SUI reached $850 million due to ecosystem growth and DeFi adoption. Due to optimism about Trump's 100-day speech, XRP rose 3.3% to $2.32.
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