U.S. Elections & Crypto

The crypto market sentiment improved this week with several large cryptocurrencies recording double-digit gains. Bitcoin’s rally past the $95,000 resistance is the highlight with altcoins like Official Trump and Sui outperforming most others. 

Crypto market consolidates after a rally earlier this week, Bitcoin’s return above the $94,000 supported the sentiment of traders. While most altcoins suffered a pullback in the market-wide correction, three tokens could yield gains for holders in the coming weeks- Dogecoin, Solana and ONDO. 

XRP has hit one key milestone after another in 2025, while Bitcoin disappointed users awaiting a massive rally in 2025. With the SEC vs. Ripple legal battle drawing to an end and Ripple’s victory, partnerships and future plans, XRP hit a peak of $3.40 in January, rewarding long-term holders.

XRP rallied 2% in the past week, and nearly 1% on the day, bucking the typical trend of correction in the crypto market. The second-largest altcoin by market capitalization ranks among top 10 gainers, according to Grayscale data. 

Bitcoin is back above $85,000 and BTC dominance is climbing towards its four-year peak. This may be the perfect time for altcoins with a high BTC correlation to rally during the bull run. Altcoin tokens with a real use case, growing adoption and bullish on-chain and technical indicators could double or climb to three times their value this cycle. 

This week the declining crypto market capitalization and large swings in Bitcoin price have influenced the picks, Hyperliquid, Curve DAO and Fartcoin. The three tokens have rallied between 25% and 100% in the past seven days. 

The United States’ first Bitcoin President is presiding over a crypto market crash. Crypto proponents and firms funded Trump’s campaign with hopes of a pro-crypto regulation and policies in the U.S. While initial progress was made on the stablecoin bill and the Strategic Bitcoin Reserve, Trump is changing world order with his Liberation Day tariff announcements.

Bitcoin and the crypto market were hit by a price correction in response to the U.S. President Donald Trump’s tariff announcements on Liberation Day. Cosmos’s token ATOM defied the trend with nearly 10% gains on the day. ATOM could extend the rally by double-digits in the coming week. 

Bitcoin slipped under $82,000 support and the Nasdaq Composite is on track for the biggest one-day percentage drop since March 2020. Stock and crypto traders are reeling from the aftermath of the U.S. President Donald Trump’s Liberation Day. All trade partners of the States are facing the heat of reciprocal tariffs.

Dogecoin slipped nearly 10% in the past week as crypto traders digest Elon Musk’s statement. The Tesla boss made it clear that the US has no plans for DOGE. The sentiment among Dogecoin traders is 69, on a scale of 0 to 100. DOGE price could recover in the short-term, even as the hype around the meme coin dies down.