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Bitcoin, Ethereum, and Ripple Expect Volatility Ahead of Trump's Inauguration
Daily Digital Currency Update Summary (2025-01-20)
Regarding Trump launching the meme coin TRUMP, Anthony Scaramucci, founder of SkyBridge Capital, stated that this is detrimental to the Industry and compared it to the level of corruption of former Ugandan President Idi Amin.
Are Cryptos becoming the family's "ATM"? The "First Lady Coin" makes a strong entrance, while the "Trump Coin" plummets by 40%.
The "Trump Coin" has suffered a huge impact, plummeting by 38%.
The Trump couple both "issued coins", with their net worth skyrocketing overnight, earning over 50 billion dollars at one point.
Trump showcased a masterful performance of a president turning power into wealth. The issuance of $TRUMP is either a peak signal in history or the beginning of a new round of irrational prosperity.
Cryptocurrency market trends: On January 19th, Bitcoin is in sideways oscillation while Ethereum is sharply descending. Is there a disagreement between the two or is there a deeper meaning?
Cryptocurrency market trends: On January 19th, Bitcoin is in sideways oscillation while Ethereum is sharply descending. Is there a disagreement between the two or is there a deeper meaning?
Trump made a huge profit of 50 billion dollars; have you ever seen a U.S. president "issue currency"?
Some analyses suggest that Trump's direct involvement in "minting currency" blurs the line between government roles and business interests, with 80% of TRUMP coins owned by the Trump Group, essentially using the presidential position for profit.