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🆘 BTC Plunges to $91K, Altcoins in Red – Market in Panic🆘 🔥Over the past 24 hours, the crypto market has witnessed a sharp decline as Bitcoin dropped to $91,000, dragging the entire altcoin ecosystem down. The total market capitalization has evaporated by $276 billion, falling 8.2% to $3.096 trillion. Meanwhile, the Fear & Greed Index plummeted from neutral (49) to extreme fear (25), reflecting widespread investor panic. The market downturn is driven by several negative factors: 📌President Trump confirmed that high import tariffs on goods from Canada and Mexico will officially take effect next week, raising concerns over trade tensions. 📌The U.S. Department of Justice fined a company linked to OKX $500 million for operating an unlicensed money transfer service. 📌All five Bitcoin reserve bills in the U.S. failed, as Montana, North Dakota, Pennsylvania, South Dakota, and Wyoming either rejected or failed to pass proposed digital asset laws. Opponents argue that establishing Bitcoin reserves could pose risks to taxpayers' money. With negative sentiment dominating the market, investors should exercise caution before making trading decisions. $BTC
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🚨Chair Jerome Powell, said the Fed will not interfere with how banks serve customers using Crypto🚨 However, when banks introduce crypto into the system, Powell stressed that they must understand the potential risks. The Fed will continue to monitor and ensure that banks comply with regulations to minimize risks to the financial system. The issue of banking and Crypto was also mentioned a lot in the Senate hearing last night
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🚨No surprises from Fed Chair Powell's Senate testimony🧧 - Inflation has eased significantly but remains high. The labor market shows signs of stabilization. - The Fed maintains current policy and will NOT adjust interest rates IN A RUSH unless inflation continues to cool or the labor market unexpectedly weakens.
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🐳The Trump Organization's 2 subsidiary companies collectively own 80% of TRUMP, but are required to adhere to a 3-year unlocking schedule🐳 🧧BlockBeats News, January 18th, according to the official website of "Trump Real Deal Meme Coin" TRUMP, Trump Memes aim to express support and participation in the ideals and beliefs embodied by the "$TRUMP" symbol and its related artwork, and are not intended to be an investment opportunity, investment contract, or subject to any type of security. This meme is not political and is not related to any political campaign or any political office or government agency. 🧧It is worth noting that the Trump Group's affiliated companies CIC Digital LLC and Fight Fight Fight LLC collectively own 80% of TRUMP but are subject to a 3-year unlocking plan. Owners of Fight Fight Fight LLC, CIC Digital LLC, and Celebration Cards LLC will receive transaction revenue generated by TRUMP trading activities. 🧧Note: The officially released Trump Meme TRUMP is believed to be from the same team behind the previous Trump Digital Trading Cards NFT series. The issuer of the "Trump Digital Trading Cards" is NFT INT LLC, who purchased the right to use Trump's name and likeness from CIC Digital LLC to create and sell this NFT series. $SOL
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🐳Trump family crypto project World Liberty will buy TRX🐳 🧧PANews reported on January 18 that according to Coindesk, people familiar with the matter revealed that World Liberty Financial, a crypto project supported by the Trump family, will acquire tron (TRX). It is not clear how much TRX cryptocurrency reserves World Liberty plans to increase. World Liberty raised $90 million by selling WLFI. The company previously invested seven figures in AAVE and LINK, which were issued by projects that World Liberty collaborated with $TRX
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