Source: CryptoNewsNet
Original Title: Trump Speech LIVE Today: Bitcoin, Ethereum Dump Ahead of Big Address
Original Link: https://cryptonews.net/news/analytics/32154934/
Market Pressure Ahead of Major Address
Crypto markets remained under pressure as traders reduced risk ahead of a significant national address. On-chain data showed large holders moving Ethereum to major exchanges, a move often linked to potential selling activity.
The shift demonstrated investors were bracing for short-term volatility, with many choosing to cut exposure before a possible macro-driven market reaction.
Current Market Status
The crypto market stayed weak, with total market cap slipping to $2.91 trillion, down nearly 2%. Bitcoin traded near $86,200, while Ethereum dropped below $2,840. XRP also remained under pressure around $1.86, as most top altcoins continued to decline.
Speech Expectations
Experts noted that based on past patterns, a mention of crypto or Bitcoin appeared unlikely during formal national addresses. The speaker has typically discussed digital assets in interviews or targeted policy remarks rather than in formal addresses to the nation. However, some crypto enthusiasts remained hopeful for any relevant commentary.
The address was expected to outline plans for 2026 and the remainder of the term, airing live across major television networks at 9 p.m. ET (6 p.m. PT).
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Crypto Markets Slip on De-Risking Ahead of Major National Address
Source: CryptoNewsNet Original Title: Trump Speech LIVE Today: Bitcoin, Ethereum Dump Ahead of Big Address Original Link: https://cryptonews.net/news/analytics/32154934/
Market Pressure Ahead of Major Address
Crypto markets remained under pressure as traders reduced risk ahead of a significant national address. On-chain data showed large holders moving Ethereum to major exchanges, a move often linked to potential selling activity.
The shift demonstrated investors were bracing for short-term volatility, with many choosing to cut exposure before a possible macro-driven market reaction.
Current Market Status
The crypto market stayed weak, with total market cap slipping to $2.91 trillion, down nearly 2%. Bitcoin traded near $86,200, while Ethereum dropped below $2,840. XRP also remained under pressure around $1.86, as most top altcoins continued to decline.
Speech Expectations
Experts noted that based on past patterns, a mention of crypto or Bitcoin appeared unlikely during formal national addresses. The speaker has typically discussed digital assets in interviews or targeted policy remarks rather than in formal addresses to the nation. However, some crypto enthusiasts remained hopeful for any relevant commentary.
The address was expected to outline plans for 2026 and the remainder of the term, airing live across major television networks at 9 p.m. ET (6 p.m. PT).