There have been quite a few hot topics in the crypto world these days. First, Trump announced that he will accept cryptocurrency donations and even said he wants to be the "Crypto President." This statement clearly excited the market significantly. Meme coins like MAGA experienced a surge, showing how much political support can boost market sentiment.
On the macro front, good news also came in. The US April core CPI year-over-year increase dropped to a three-year low, which immediately boosted market expectations for a Federal Reserve rate cut. Risk assets rebounded across the board. Bitcoin broke through $66,000 under this expectation and even touched a high of $67,000, with the entire cryptocurrency market rallying together.
In terms of coin performance, Ethereum closely followed Bitcoin, with the market now mainly focused on the final approval timing of its spot ETF. Meme coins benefited from Trump's support and the market's risk appetite recovery, with popular tokens like PEPE, WIF, and FLOKI seeing significant gains. The AI and DePin sectors also stayed active, with AI concept tokens like Render and Fetch.ai showing considerable vitality.
From a longer-term perspective, the market's logic is quite clear now—improved macro liquidity combined with favorable policy expectations. This combination is indeed increasing the attractiveness of crypto assets.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
4
Repost
Share
Comment
0/400
ZenChainWalker
· 7h ago
Trump's move was clever—he directly boosted MEME coins' popularity, tackling both policy and macro aspects simultaneously. No wonder BTC has surged to 67K.
View OriginalReply0
MEVHunterLucky
· 7h ago
Trump's move this time is truly brilliant, directly driving MAGA up, really a political dividend.
Is it true? Is 67,000 the top? Feels like it can go higher.
Expectations of rate cuts + policy benefits, this wave is indeed a bit different, but don't get caught off guard.
How to choose between PEPE and FLOKI, seeking advice from the experts.
When will the Ethereum spot ETF arrive? I'm a bit anxious waiting.
Bitcoin is still more stable; MEME coins are hard to understand and easy to lose money.
Liquidity has increased, but how long can this kind of market last? I'm a bit worried.
It's easy to say, but isn't it just following the market to speculate on emotions? I'm choosing to wait and see.
Wait a minute, is the Render cycle coming again? Missed the previous wave.
View OriginalReply0
TokenToaster
· 7h ago
Trump's latest move has directly propelled MAGA to new heights, which is really a bit extreme. Right now, all political-themed coins are surging.
Although the coin prices have been rising nicely these days, I'm still a bit worried about catching a falling knife by following the trend.
As soon as the expectation of interest rate cuts emerged, various assets rebounded accordingly. This rhythm indicates that the market is really waiting for this signal.
PEPE, WIF, and other MEME coins have seen outrageous gains, feeling like another round of retail gambling is about to begin.
The ETH spot ETF hasn't been approved yet, but it seems like Bitcoin has already risen so much. This doesn't feel quite right.
Liquidity improvements combined with policy bonuses are indeed a double boost, but how long this kind of market can last is uncertain.
The AI sector is also riding the hype, and coins like Render are somewhat interesting, but don't get caught in the speed of being wiped out by the "cutting leeks" phenomenon.
View OriginalReply0
HappyMinerUncle
· 7h ago
Trump's every move causes the crypto world to boil over, it cracks me up haha, this policy speculation is really clever
I really don't know if 67k is high or if we should keep pushing, it feels like someone always calls the top
CPI rate cut expectations combined with political gains, this combo punch is indeed fierce, but risk appetite can change suddenly
I've been numb from the meme coin surge for a while, just waiting to see who can deliver the final blow
Once the spot ETF approval date is announced, Ethereum is probably going to take off again, but we need to be cautious with this kind of speculative trading
There have been quite a few hot topics in the crypto world these days. First, Trump announced that he will accept cryptocurrency donations and even said he wants to be the "Crypto President." This statement clearly excited the market significantly. Meme coins like MAGA experienced a surge, showing how much political support can boost market sentiment.
On the macro front, good news also came in. The US April core CPI year-over-year increase dropped to a three-year low, which immediately boosted market expectations for a Federal Reserve rate cut. Risk assets rebounded across the board. Bitcoin broke through $66,000 under this expectation and even touched a high of $67,000, with the entire cryptocurrency market rallying together.
In terms of coin performance, Ethereum closely followed Bitcoin, with the market now mainly focused on the final approval timing of its spot ETF. Meme coins benefited from Trump's support and the market's risk appetite recovery, with popular tokens like PEPE, WIF, and FLOKI seeing significant gains. The AI and DePin sectors also stayed active, with AI concept tokens like Render and Fetch.ai showing considerable vitality.
From a longer-term perspective, the market's logic is quite clear now—improved macro liquidity combined with favorable policy expectations. This combination is indeed increasing the attractiveness of crypto assets.