Trump’s AI Push Sends Crypto Markets into a Tailspin—Because Nothing Says ’Volatility’ Like Politics Meets Tech

Digital assets took a nosedive as former President Trump’s latest policy pivot put artificial intelligence front and center—leaving crypto traders scrambling. The market’s knee-jerk reaction proves yet again that when traditional power players shift focus, decentralized assets get treated like expendable poker chips.

Meanwhile, Wall Street’s algo-traders barely blinked—probably too busy leveraging the dip to short retail investors. Stay nimble, folks. The only certainty here is that someone’s making bank off the chaos.

Shiba Coin (SHIB)

With news reported by FT about chip-related insights, Bitcoin$0.000037 fell below 107,000 dollars, causing altcoins to lose support levels. While not surprising, it was mentioned that such scenarios would unfold in the latest announcements. TRUMP appears unfazed by the risk of a global trade war, continuing his endeavors.

For Shiba Coin, further declines could lead to testing the bases of 0.00001246 and 0.00001054.

Despite a 121 million dollar reserve promise, XRP Coin is finding buyers just above its 2.2-dollar support level. If declines continue, 1.98 dollars could be tested. As July 9 approaches, Trump’s likelihood of growing more aggressive and unpredictable looms large, a primary concern for investors.

Amid high tariffs globally, Trump, lacking time for extensive negotiations with all parties, seems to be using the budget deficit as a weapon, almost retreating inward. While this spells recession for the global economy, we’ll soon see how this historic event unfolds, with only a few weeks left to anticipate its evolution.

AVAX Price Predictions

Repeated failures above 26 dollars see AVAX prices retreating towards 22.4 dollars. Further closures below 106,800 dollars for BTC could mean more losses soon, negatively impacting altcoins as well.

If AVAX’s decline continues, it may retest the range between 19.44 and 18.5 dollars. Friday’s PCE data release and U.S. GDP figures, expected in hours, might balance the declines. However, the Fed stands firm against interest rate cuts, continuing to avoid them amidst potential extraordinary market risks, as reaffirmed in their meeting minutes.