Trump (TRUMP) Token Plunges 14% as Bitcoin Drops Below $96K
May 4, 2025, 9:17 a.m.
2 sources
negative
Bitcoin experienced a sharp downturn after failing to break through resistance at $98,000, dropping below $96,000 and leading to a broader market correction. This decline also affected altcoins, with SUI and AVAX suffering notable drops, while the Trump (TRUMP) token lost approximately 14% of its value amidst ongoing controversies. The overall crypto market cap fell by about $25 billion, reflecting widespread negative sentiment and minor losses among major coins such as XRP, BNB, SOL, DOGE, ADA, TRX, and LINK.
BTC's drop below $96K signals bearish momentum after a failed $98K breakout; negative sentiment and past similar corrections suggest further short-term volatility.
TRUMP plunged 14% amid market-wide declines and ongoing project controversies, reflecting increased volatility and negative sentiment; price pressure remains in the near term.
SUI is down 5% due to broader market weakness; absence of positive drivers suggests continued vulnerability to further declines in the short-term.
AVAX lost over 4% as risk-off sentiment spread; likely to see persistent pressure until broader market recovery or new catalysts emerge.
Sources
Bitcoin Faces a New Challenge as Market Dynamics Shift
COINTURK NEWS
04.05.2025 04:11
Official Trump (TRUMP) Plunges by 14% as Bitcoin (BTC) Falls Below $96K (Weekend Watch)
cryptopotato.com
04.05.2025 09:11
Top Today
8 hour ago
11 sources
Bitcoin Nears $80K on $1.58B ETF Inflows and Iran Ceasefire
9 hour ago
8 sources
Solana Price Poised for Major Breakout as Bollinger Bands Contract
14 hour ago
5 sources
Grayscale Stakes $236M in ETH, Signaling Major Institutional Confidence
15 hour ago
10 sources
CLARITY Act Progress Stalls as Crypto Tax Reform Takes Center Stage
20 hour ago
9 sources
Telegram CEO Links 41 Crypto Kidnappings in France to Tax Data Leak
Disclaimer
The content on this website is provided for information purposes only and does not constitute investment advice, an offer, or professional consultation. Crypto assets are high-risk and volatile — you may lose all funds. Some materials may include summaries and links to third-party sources; we are not responsible for their content or accuracy. Any decisions you make are at your own risk. Coinalertnews recommends independently verifying information and consulting with a professional before making any financial decisions based on this content.