Donald Trump Pushes Rate Cuts as Crypto Market Holds Steady at $2.79T

Overall market remains stable with a slight 0.14% gain despite a 0.97% drop in trading volume. Small-cap altcoins have shown impressive gains, with REEF leading at +116% and MASA at +57.2%. The market sentiment remains in the “fear” territory with an index reading of 33. The crypto market remains steady at $2.79 trillion with minimal 0.14% growth over the past 24 hours, based on the latest update by CryptoRank. The steadiness occurs despite a 0.97% decline in the 24-hour spot trading volume, which stands at $35.28 billion. President Trump has tried to calm market emotions by declaring that interest rates must come down. This perhaps suggests a more accommodating monetary climate that will generally favor risky assets, like cryptocurrencies. Despite these comments, top cryptocurrencies have not moved significantly, with Bitcoin rising only 0.38% to $84,715 and retaining its leadership status, accounting for 60.23% of the aggregate market capitalization. Market Overview Trump is working to lift market sentiment, stating that “interest rates should be coming down now.” $BTC and $SOL remain stable, with no significant movement. $TAO has seen a notable 10% g… The post Donald Trump Pushes Rate Cuts as Crypto Market Holds Steady at $2.79T appeared first on Coin Edition .

Source: Coin Edition