↗️ Market Overview
BTC: $108,400
ETH: $3,375
Fear/Greed Index: 76 (extreme greed)
BTC.D (Bitcoin dominance): 58.97%
😍 It’s been a while since we’ve seen such an eventful weekend in crypto. From the surprise launch of Trump’s token to Bitcoin reaching a new all-time high (which, by the way, has already been achieved), and amidst all this, struggling altcoins being completely overlooked. But let’s break it down.
Bitcoin has hit a new high — $110K. Another major psychological level, which I believe will be broken very soon. Perhaps even today, given that Trump’s inauguration is just a few hours away. One word during his speech, and we could be heading for $120K.
⚠️ Unfortunately for those invested in fundamentally strong altcoins, their moment of glory hasn’t arrived yet. Too much attention is focused on Bitcoin and Trump-related memecoins. People are rushing to sell their Solana, Ethereum, and other assets to catch the last train before it leaves the station.
I’m preparing a separate post about Trump’s memecoin, which will be out today. Drop your reactions if you’re looking forward to it!