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Matrixport: Fed's dovish stance superimposed on Trump's support for cryptocurrencies, setting the stage for market upside

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2025-01-20 07:56:27
Matrixport released today's chart saying that this weekend, the launch of TRUMP meme coin set off a trading frenzy on centralized exchanges, with major platforms launching the coin at a record pace. However, the subsequent launch of MELANIA coin quickly reversed the market sentiment, and the price of the currency plummeted, causing heavy losses to buyers on Sunday. This intense volatility has driven the overall trading volume surge, including Binance, the world's largest exchange...
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