Bitcoin $106,306 price stands at $107,400, and the last 24 hours have generally been unfavorable for altcoin traders. Many cryptocurrencies fell victim to the dwindling liquidity caused by the Trump family’s meme coins. While BTC has reached its all-time high, Trump continues to accumulate altcoins. As this article was prepared, Trump’s WLFI project had acquired three cryptocurrencies.
Altcoins Acquired by Trump
Yesterday, the WLFI project purchased over $20 million worth of ETH in multiple transactions and is now accumulating more altcoins. Recently, it acquired AAVE, LINK, and TRX Coin, each for $4.7 million based on on-chain data. These purchases were made by World Liberty Financial.
Trump will take office at 8:00 PM Turkey time, and upcoming decrees are expected to induce more volatility in cryptocurrencies. With the U.S. markets closed today, ETF investors have accumulated nearly $1 billion in BTC ETF ahead of Friday. This situation reflects the market’s rising expectations for the week ahead.