#MarketRebound The cryptocurrency market is recovering thanks to Trump's promise to support Bitcoin and institutional inflows.
A wave of political support, growing institutional interest, and renewed trading volume have improved sentiment in the cryptocurrency markets despite modest corrections in major assets.
Trump promises to make the United States the "world capital of cryptocurrencies."
Bitcoin remains above $86,000 despite intraday losses.
MicroStrategy surpasses 500,000 BTC holdings with a new purchase of $584 million.
A slight decline in overall valuation conceals a significant uptick in activity, with a nearly 25% increase in market volume over the last 24 hours. While Bitcoin and Ethereum are trading lower intraday, sentiment has shown a clear upward trend.
Today's trades show minor corrections, although momentum remains constructive:
Bitcoin (BTC) $86,477.01 ↓ 0.51%
Ethereum (ETH) $2,055.52 ↓ 0.63%
XRP $2.42 ↓ 0.95%
Solana (SOL) $139.44 ↓ 0.39%
Cardano (ADA) $0.7362 ↓ 1.79%
Despite widespread red candles, the fact that Bitcoin remains above $86,000 indicates relative strength. Altcoins continue to be sensitive to narratives.