Altcoins, TRUMP Token & Bitcoin Face Pivotal April 29 as Asian Markets Stir Crypto Volatility
Crypto traders brace for another rollercoaster session—Bitcoin teeters near key support while meme coins and political tokens like TRUMP defy gravity. Meanwhile, ’stable’ altcoins show more mood swings than a sleep-deprived hedge fund manager.
Technical outlook: BTC’s 200-day MA holds the line (for now), but Asia’s early moves could set the tone for another week of irrational exuberance—or panic selling dressed up as ’profit-taking.’
Bonus cynicism: Nothing says ’financial revolution’ like watching grown adults trade JPEGs of dictators for 20% daily swings.
Top gainers Virtuals Protocol, Floki, Hyperliquid: Altcoins extend gains alongside Bitcoin
The cryptocurrency market sustains a market-wide bullish outlook at the time of writing on Tuesday, led by Bitcoin (BTC) and select altcoins, including Virtuals Protocol (VIRTUAL), Floki, and Hyperliquid (HYPE). Global markets continue to respond positively to the possibility of trade tensions de-escalation between the United States (US) and China.
TRUMP meme coin on-chain activity surged following dinner announcement: Kaiko
Kaiko Research published a report on Monday highlighting the significant impact of TRUMP’s team dinner announcement on the meme coin sector. The announcement triggered a surge in on-chain activity and trading volumes, with TRUMP accounting for nearly 50% of all meme coin trading volume.
Bitcoin price prediction: Will Trump’s 100-Day speech propel BTC above $100,000?
Bitcoin rebounds as high as $95,490 on Monday, as Trump’s 100-day speech dominates macro news. On-chain data shows BTC deposits on exchanges declined by $4 billion in the past week. Here’s how these insights could impact Bitcoin $100,000 breakout prospects in the near-term.
