In the face of ongoing pressure on cryptocurrency prices, the problems and factors affecting BTC and altcoins are being discussed.
Cryptocurrency Market Trends
As of the article's preparation, the Bitcoin (BTC) price stood at $96,680, facing selling pressure despite several positive developments. Special attention is paid to the impact of the Trump administration on the market.
Analysis of Shiba and Trump Coins
Following changes driven by the political situation, a significant decline in altcoin prices, including Shiba Coin, is observed. The SHIB price, having touched a support level of $0.00001261, is now erasing daily gains. TRUMP Coin is trying to hold above $16.6 after a 76% drop.
Solana Situation
SOL Coin saw a 25% increase following its recent drop but is now retesting the $176 level. BTC also impacts this cryptocurrency, leading to increased losses among investors.
Problems with cryptocurrency prices require a cautious approach from investors, considering the ongoing pressure and potential further declines.
