Crypto Market Overview
- Total Market Cap: $3.55 trillion (-2.57% in 24 hours)
- 24-Hour Trading Volume: $358.53 billion (+90.90%)
– DeFi: $19.1 billion (5.33% of total volume)
– Stablecoins: $331.47 billion (92.45% of total volume) - Bitcoin Dominance: 57.14%
Karachi. ( Web News )
Bitcoin Surges Past $102K as Trump Eyes Crypto Executive Order
Bitcoin stabilizes above the $100,000 mark amid reports that the elected President Donald Trump may issue a sweeping executive order on cryptocurrency policy. According to the New York Times, discussions are underway about including a bitcoin stockpile as part of the initiative, which could cover areas such as regulation and innovation. The move aligns with a Bloomberg report that Trump is considering creating a crypto advisory council, fulfilling a campaign pledge to amplify the industry’s voice within his administration.
Trump Launched His Meme Coin as Part of Pro-Crypto Push
President-elect Trump has backed the launch of a new meme coin, with 200 million tokens currently in circulation and plans to issue up to 1 billion over three years. Dubbed the “Official Trump Coin,” it has already achieved a $12 billion market cap, ranking 16th among the largest cryptocurrencies after briefly touching $15 billion.
Melania Trump Joins Crypto Frenzy With Her Own Coin
The First Lady Melania Trump has entered the cryptocurrency space, launching “Melania Coin,” which now boasts a market capitalization of $2 billion.
Solana Spikes to $293 Amid Trump-Themed Meme Coin Buzz
Solana’s price surged to $293 following the launch of a Trump-themed meme coin on its blockchain. The influx of activity on the Solana network drove the rally, as traders rushed to acquire the new token. However, the momentum was short-lived, with Solana retreating to $244. The cautious sentiment comes from Bloomberg Intelligence reported that Solana ETFs may not gain approval until at least 2026, even under a crypto-friendly White House.