๐จ Crypto Market Slump: Trump's Meme Coin Drops 80%! ๐จ
The cryptocurrency market has lost nearly $1 trillion since December, with more declines expected. Gains from Trump's electoral victory have almost vanished, with:
๐ Bitcoin: Down 21% from its January peak.
๐ Ether: Plummeted up to 40%.
๐ Trump's Meme Coin: Crashed by a staggering 80%.
Why Is the Market So Slow?
Experts say the market might remain sluggish until:
1. Federal Reserve cuts interest rates.
2. The Trump administration introduces clear pro-crypto policies.
What Went Wrong?
Despite Trump's promises of a national Bitcoin reserve and regulatory changes, investor sentiment remains low. Even the withdrawal of SEC investigations and the dismissal of the Coinbase lawsuit havenโt boosted prices.
What's Next?
Analysts believe a positive signal, like a regulatory framework or interest rate cut, could revive the market.
Stay tuned for more updates!
