The crypto market movement after Trump's inauguration was quite interesting. Days after the inauguration, the price of $BTC surged to a new high above $109,000, but later corrected after Trump did not mention the cryptocurrency in his inauguration speech.
1. Meanwhile, $XRP is up 488% since Trump's election victory, outperforming most other cryptocurrencies during this period.
2.Some analysts predict 200% to 500% upside potential for $XRP, indicating the ongoing bull market remains strong.
3. Solana coin saw a 5% rise, reaching $212, with a market cap topping $103 billion, according to CoinMarketCap data. This comes as Trump is reportedly “open” to the idea of building the world's first strategic crypto reserve, which would prioritize certain assets such as $XRP and $SOL However, keep in mind that crypto market movements can be influenced by various factors, including regulations, market sentiment and global events. Therefore, it is important to continue to monitor market developments and carry out in-depth analysis before making investment decisions.
The image below shows the price levels that need to be monitored👇👇
