Cardano (ADA), THORChain (RUNE), and MAGA (TRUMP) Market Update
As of February 26, 2025, here's the latest on Cardano (ADA), THORChain (RUNE), and MAGA (TRUMP):
ADA is currently trading at $0.680825, reflecting a decrease of $0.00736 (1.07%) from the previous close. The intraday high reached $0.693333, with a low of $0.630584.
THORChain $RUNE
RUNE is priced at $0.131457, marking a decrease of $0.00309 (2.30%) from the previous close. The day's range spans from $0.124127 to $0.134696.
MAGA $TRUMP
TRUMP is trading at $0.31632, with a decrease of $0.00098 (0.31%) from the previous close. The intraday high is $0.329386, and the low is $0.295111.
Recent market trends indicate a broader sell-off in the cryptocurrency sector. Bitcoin has dropped to a three-month low, with MicroStrategy's stock declining to mid-November levels, erasing gains from the initial Trump election rally. The crypto sector's sentiment has been dampened by news of a record-breaking $1.5 billion heist, believed to be carried out by North Korean hackers. Initial optimism about U.S. government support for cryptocurrencies under Trump's administration has waned due to ambiguity and anticipated delays in policy actions. Trump's executive order established a working group to create regulatory proposals within six months, which fell short of market expectations. Additionally, Trump's launch of a meme coin on the Solana blockchain and discussions of significant government investments in Bitcoin have not materialized as expected, contributing to the decline in cryptocurrency prices.
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