In a surprising turn of events, World Liberty Fi commemorated Donald J. Trump’s inauguration as the 47th U.S. president by announcing $47 million purchases of Ethereum and Wrapped Bitcoin, alongside $4.7 million in AAVE, LINK, TRX, and ENA. This announcement follows their recent ETH selloff and the launch of Trump-themed meme coins, leaving many investors puzzled about their strategy.
Despite the bold investments, Ethereum’s response has been muted, failing to clear key resistance levels around $3,530. Bitcoin, however, bounced from $100K to reach a new all-time high of $109K, fueled by strong On-Balance Volume (OBV) gains and predictive wicks.
Bitcoin Holds Strong Amidst…
