Overview
- TRUMP rose about 11.8% in 24 hours to trade near $7.88 as trading topped $1 billion on major venues including Binance and Bybit, according to CoinJournal.
- On-chain and derivatives data show roughly $91 million in net inflows over three days and open interest around $351 million, indicating heavy speculative positioning.
- President Trump framed Bitcoin and digital assets as easing pressure on the dollar and bolstering U.S. competitiveness versus China.
- Captain Faibik reported a confirmed breakout from a long-term falling wedge, while crypto.news places key levels at $7.40–$8.50 with upside toward $9.20–$10.00 on a clear break higher.
- CoinJournal notes about 80% of supply is reportedly held by entities linked to Trump’s circle, and the issuer Fight Fight Fight LLC is reported to be in talks to buy Republic.com’s U.S. operations, which remains unconfirmed.