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TRUMP, Bitcoin & Crypto – European Wrap 12 March

TRUMP, Bitcoin & Crypto – European Wrap 12 March

Trump-themed meme coins started as hype but are now deeply in the woods. Most of them have lost nearly all their value, leaving late investors sitting on massive losses and wondering if there will be any comeback. Unfortunately for them, most of these tokens risk fading into irrelevance, adding to a long list of speculative crypto projects that briefly caught traders’ attention and then disappeared.

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Bitcoin (BTC) price finds support around a key level, trading around $70,000 as of writing on Thursday and posting gains of nearly 6% so far this week. Institutional demand shows signs of strength, as spot Exchange Traded Funds (ETFs) recorded a third consecutive day of inflows this week. Meanwhile, Nansen’s analyst reports the Crypto…

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