Crypto market update ✍️

Good evening to all my friends. I hope you all are doing well. I am having a fantastic day. Let's talk about crypto market. Today I'll analyze Bitcoin, altcoins, and discuss some important market updates. This blog is significant as it's the first one after Donald Trump’s swearing-in. Many were hoping that his presidency would bring a market pump, but let’s see what’s actually happened. Trump’s election win didn’t lead to any major crypto announcements. Bitcoin rose to $100,000 but didn’t see the expected liquidity from new investors. Instead, Trump launched his own coin, "Trump Coin," which pumped initially but soon dumped, losing significant value. He also launched another coin named after his wife, which also saw a big drop in price.

Bitcoin is holding around $100,000, and big investors are still focusing on Bitcoin and strong projects like Solana and Chainlink, which have solid use cases. Solana’s blockchain is being used for low-fee transactions, making it a better platform for new coins. If you’re investing, focus on long-term projects with strong fundamentals and avoid celebrity or pump-and-dump coins. Also, with the resignation of Gary Gensler, there’s less regulation, which could lead to more manipulation in the market. Be cautious and make informed decisions in the future. That's it for today. Thanks & have a good day!!