Bitcoin’s (BTC) price continues to decline, trading below $102,000 at the time of writing on Thursday after falling 2.3% the previous day. Later in the day, BTC could expect volatility after the US weekly Initial Jobless Claims data release. In an interview with Bloomberg Live on Wednesday, BlackRock CEO Larry Fink said BTC could raise to $700,000.
Ethereum (ETH) price trades around $3,200 while Ripple (XRP) and Solana (SOL) hovers around $3.13 and $250, respectively, on Thursday. Santiment data shows that ETH market capitalization fell 4.7%, while XRP and SOL surged 36.9% and 32.2% in one month. Alexander Pack explains how Ethereum’s modular approach has hurt the ETH price due to reduced fees and less token burn. Santiment data suggest the growing negativity in social media surrounding ETH could serve as a bullish signal for contrarian investors.
Donald Trump faces scrutiny as US Rep. Connolly calls for an ethics probe into his crypto ties, raising concerns over transparency and national security.
Donald Trump’s involvement in cryptocurrency ventures has sparked calls for a formal ethics investigation, led by US Representative Gerald Connolly. Concerns are growing over potential conflicts of interest and transparency issues surrounding Trump’s financial ties, particularly regarding his role in the crypto project World Liberty Financial (WLF) and the launch of the “TRUMP” meme coin.
