Phyrex|Jan 10, 2026 22:46
Nothing too exciting happened over the weekend. The main drama was Trump stirring things up again. On Friday, he said he wanted to lower credit card interest rates by 10%, which immediately drew criticism. Then on Saturday, he started contemplating strikes on Iran. Trump is going further and further down the road of chasing votes and support. Venezuela’s situation isn’t even resolved yet, and now he’s eyeing Iran. However, on Saturday, Trump signed an executive order declaring a national emergency to protect Venezuela’s oil revenues stored in U.S. Treasury accounts.
As for the market impact, it’s hard to say right now. If they can replicate the results achieved in Venezuela, it might turn out okay. But at this stage, who can really tell? It’s likely all part of Trump and the Republican Party’s strategy for the midterm elections. We’ll see the market’s reaction on Monday.
Looking back at Bitcoin’s data, nothing major happened over the weekend. BTC’s price continued to fluctuate slightly around $90,000. By Monday, we should have a clearer idea of how Trump’s actions will affect the market. Trading volume over the weekend wasn’t particularly high, mostly driven by short-term investors.
The current token structure still looks healthy, but the bottoming process is a bit messy right now and might need some adjustments. Overall, the previously established $90,000 level still has strong support.
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