Crypto Chaos: Trump’s Speech Sends BTC Plummeting! You Won’t Believe What Happened Next!

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Well, folks, gather ’round! Trump’s big, shiny speech at his inauguration was like a pizza without cheese – missing the most important ingredient: crypto! 🍕💔 And guess what? The market went bonkers! BTC took a nosedive from its latest all-time high, landing with a thud at $100,000. Ouch! 😱

But wait, there’s more! The altcoins? Oh boy, they’re like the kid who gets picked last in gym class. Especially those meme coins – they’re suffering more than a cat in a dog park! 🐱🐶

BTC’s Nosedive

What a weekend! It was more eventful than a three-ring circus! 🎪 The First Family launched not one, but TWO meme coins! BTC tried to hold its ground, hovering above $103,000 like a tightrope walker. Then, it did a little dance, jumping to over $106,000 on Sunday, only to plummet like a lead balloon on Monday morning to just under $100,000. Talk about a rollercoaster ride! 🎢

But wait, it bounced back up to a new all-time high of just under $110,000! Traders were sweating bullets, expecting more wild moves as everyone tuned in to the presidential ceremony. And then, BAM! BTC tumbled down five grand in minutes to $102,000. It tried to recover during the speech, but when the crypto was left out of the script, it dropped again to $100,000. Now it’s back up to a cozy $102,000. What a drama! 🎭

Market cap? Oh, it’s a whopping $2.03 trillion, with BTC still flexing its muscles at 55.4% dominance over the altcoins. 💪

Alts Bleed Out

And just like that, when BTC sneezes, the alts catch a cold! 🤧 Ethereum, Binance Coin, Chainlink, and Toncoin are the lucky ones, only down 3-4%. But XRP? It’s down 6%! AVAX, XLM, and HBAR are crying at around 8%, while SOL, DOGE, and ADA are taking a dive of up to 10.5%. Yikes! 😬

And the meme coins? Oh, they’re the real stars of this show! FARTCOIN is down 28% and TRUMP is slumping by 27%. Who knew crypto could be so… fragrant? 💨

The total crypto market cap? Down by over $200 billion since yesterday, now sitting at $3.670 trillion. It’s like watching a magic trick gone wrong! 🎩✨

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2025-01-21 13:16