Trump’s Major Crypto Announcement Sends Markets into Overdrive

U.S. President Donald Trump has drawn global attention after teasing what he calls a “major crypto announcement ” expected later today. The news has sent ripples through the cryptocurrency community, sparking widespread speculation about what could be coming next.

Market on Edge Ahead of Trump’s Crypto Reveal

Crypto investors and analysts are closely watching the markets as anticipation grows. The announcement, reportedly scheduled for 3 p.m. Eastern Time, could influence short-term trading activity across Bitcoin , Ethereum, and other major digital assets. Many expect heightened volatility, with traders positioning themselves for sudden price swings.

Some market watchers predict the announcement may involve a new blockchain initiative or policy proposal. Others suspect it could be a personal or campaign-related venture tied to Trump’s renewed interest in the financial technology sector.

Possible Policy Shift or Political Strategy?

Trump’s history with cryptocurrency has been inconsistent. In the past, he criticized digital assets as “thin air money,” yet his recent tone has softened. This shift suggests he may now see crypto as a vital part of future economic innovation or political positioning.

The timing of this announcement adds further intrigue. With crypto markets already sensitive to regulatory developments, any positive remarks or policy hints from Trump could spark significant movement.

As traders brace for impact, social media remains flooded with speculation and price forecasts. Regardless of the outcome, Trump’s upcoming statement is expected to shape short-term sentiment and could reignite mainstream discussion about cryptocurrency in U.S. politics.

Crypto Market Faces Broad Weekly Declines

The crypto market experienced a mixed performance today as major digital assets faced renewed selling pressure. Bitcoin continued its decline, dropping to around $111,126.53, marking a 0.41% loss over the past 24 hours and a 10% fall this week.

Ethereum followed a similar path, slipping 1.01% in the last day to $4,042.81. The Ether has now lost 8.13% over the past week, reflecting ongoing investor hesitation in the altcoin space.

Meanwhile, BNB managed to show modest resilience, edging 0.68% higher in 24 hours to $1,184.49 despite a 6.76% weekly drop.  In contrast, XRP faced stronger selling pressure, dipping 1.81% in the last 24 hours to $2.44, extending its 13.61% weekly decline. Solana also struggled to regain traction, falling 2.84% in 24 hours to $196.51, marking a steep 12.88% drop for the week.

Among other major tokens, TRON (TRX) showed mild strength, gaining 1.50% in the past day to $0.3221, even as it recorded a 4.73% loss this week. Dogecoin (DOGE), however, faced continued downward momentum, slipping 0.74% in 24 hours to $0.1991, deepening its 19.98% weekly loss.