TRUMP Token Stumbles as Bitcoin Holds Steady Near $95K – Meme Coins Feel the Heat
The TRUMP token’s rally hits a wall—because nothing lasts forever in crypto, not even political memes. Meanwhile, Bitcoin digs in at $95K like a Wall Street banker on bonus day.
Meme coins bleed as traders sober up. Bitcoin’s consolidation continues—because real assets don’t care about your dopamine hits.
Another day, another ’stablecoin’ proving it’s neither stable nor a coin. At least BTC knows what it is.
BTC Consolidation Continues
The primary cryptocurrency notched some big gains over the previous trading week. It all started on Monday with a price surge from $84,000 to $87,000 and $88,000, which allowed the asset to break through the upper channel boundary at $86,000.
A day later, BTC flew past $90,000 for the first time since early March. The bulls continued to put pressure on the asset’s performance in the following days and the culmination arrived on Friday when Bitcoin jumped to almost $96,000. That became its highest price tag in two months.
Although BTC was stopped there, it managed to remain at around $94,000-$95,000 during the weekend. Its price dropped to just under $93,000 yesterday, but the bulls defended that level, and the asset trades now at around $95,000.
Its market capitalization remains just below $1.890 trillion on CG, while its dominance over the altcoins is at 61%.
TRUMP Slump(s)
The Official Trump token went on a wild ride last week after it became known that the top 220 holders will attend a special dinner with the US president. However, reports have now emerged that the team behind it has moved big portions to exchanges, perhaps with the intention of selling, and TRUMP has dropped by over 7% in the past day.
Other big-cap alts in the red today include PI, XMR, SUI, SOL, HBAR, XLM, ADA, DOGE, and XRP.
In contrast, BCH has jumped the most, adding more than 5.5% of value. It now trades at $375. BNB, ETH, and LINK are also with minor gains over the past day.
The total crypto market cap has remained essentially stagnant at just under $3.1 trillion on CG.
