Will Donald Trump Cause Bitcoin and Ethereum to Surge with His Speech Today?
According to Börse Online, the crypto community eagerly awaits an upcoming speech by Donald Trump at the annual Bitcoin Conference in Nashville. Expectations are high, with many hoping that Trump's words could influence the prices of Bitcoin and Ethereum. In his 30-minute address, he might announce that Bitcoin will serve as a reserve currency under his presidency.
The event has already featured prominent speakers like Ark's manager Cathie Wood and whistleblower Edward Snowden. It remains to be seen whether Elon Musk will make a guest appearance. However, investors should be cautious: investments based on mere hopes can be risky.
Ethereum Price Drops 8% Today While Pepe Unchained Continues to Rise
According to FinanzNachrichten.de, the Ethereum price fell by 8% after the new ETFs started trading, despite high volume on the first day. The selling pressure resulted from sell-offs in the Grayscale Ethereum Trust ($ETHE), whose physically-backed $ETH actually hit the market.
Meanwhile, a new meme coin called Pepe Unchained ($PEPU) is experiencing a rapid increase. With a market capitalization of nearly $5.5 million, interest in this coin is growing significantly—particularly due to its own blockchain technology compared to older coins like $PEPE.
Bitcoin and Ethereum: Why Investing Even at High Prices Could Be Worthwhile
According to wallstreet:online, there are several reasons for long-term investments in Bitcoin and Ethereum despite their current high prices. A major factor is the approval of so-called spot ETFs by the U.S. Securities and Exchange Commission (SEC). These allow institutional investors easier access to cryptocurrencies without significant regulatory hurdles.
Moreover, further positive developments are expected, including possible political changes in the U.S. in favor of more crypto-friendly regulations and the recent Bitcoin halving event, which has historically led to massive price increases.
Ethereum Classic Price Eyes a Rally After Retesting Key Support
FXStreet German site reports optimistic prospects for the price of Ethereum Classic (ETC) after it retested key support areas. On-chain data shows increased account growth in the ETC network—a sign of growing interest and acceptance of this asset.
If these positive trends continue and technical momentum indicators rise above their averages, ETC might soon test or even exceed higher resistance levels.
CoinGecko Reveals Price Predictions for Bitcoin, Ethereum, Solana
According to a survey by BeInCrypto | Bitcoin & Crypto News, about 43% of surveyed crypto enthusiasts expect Bitcoin to surpass the $100,000 mark in the current cycle—particularly experienced investors share this optimism more than market newcomers. For other leading cryptos like Ethereum, predictions vary widely; some participants believe ETH could reach over $10k, while others offer more conservative estimates. Solana, on the other hand, also seems well-positioned, with many respondents predicting price jumps between $300 and $400.
Sources:- Wird Donald Trump mit dieser Rede heute Bitcoin und Ethereum zum Explodieren bringen?
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