U.S. President Donald Trump's approval rating reached a historic low. Meanwhile, the cryptocurrency market shows stability.
Trump's Approval Rating
The latest poll indicates that Trump's approval rating has dropped to 43%, his lowest figure. 53% of respondents expressed dissatisfaction with his performance amid ongoing national protests.
Stability of the Crypto Market
Despite Trump's declining approval rating, the crypto markets remain stable, showing no significant movements or shifts. On-chain data indicates no substantial liquidity changes, suggesting that the political situation has not directly affected the crypto market.
Historical Data on Cryptocurrency
Historical data suggests that past tariff announcements from Trump occasionally led to spikes in Bitcoin trading, however recent data does not show such dynamics. Currently, Bitcoin is priced at 108,242.65 USD with a market cap of 2.15 trillion USD, and the 24-hour trading volume has decreased by 16.48%. Notably, Bitcoin's price has risen by 32.03% over the past 90 days, reflecting a significant market dominance of 64.83%.
The growing public dissatisfaction and Trump's declining approval rating have not significantly impacted the crypto market, highlighting its resilience amid political instability.
