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Cryptocurrency News Articles

TRUMP Price Drops 21% as Market Sentiment Worsens

Mar 22, 2025 at 08:00 am

The latest market downturn has traders scrambling to reassess their portfolios. The Official Trump (TRUMP) price has plunged 21% over the past week.

TRUMP Price Drops 21% as Market Sentiment Worsens

The latest market downturn has traders scrambling to reassess their portfolios. The Official Trump (TRUMP) price dropped 21% as Bitcoin (BTC) price slides and Donald Trump's newest executive order disappoint.

However, the Bittensor (TAO) future remains uncertain as the token dipped below $300. Analysts are eyeing a critical range between $250 and $260 to see if it holds.

Meanwhile, BlockDAG (BDAG) is making headlines for its stellar presale, which has now raised $205 million. The project also completed an external security review with Halborn and is undergoing continuous assessment from CertiK.

TRUMP Price Drops 21% As Market Sentiment Sours Further

The Official Trump (TRUMP) price slipped to $10.15 after a tough 21% loss this week. Bitcoin’s downturn has pulled most altcoins lower, and TRUMP is no exception.

The drop is also being blamed on disappointment over Donald Trump’s recent executive order, which skipped over any direct mention of Bitcoin purchases. Many in the crypto community were hoping for a stronger move from the U.S. administration, but this cautious approach has left them unimpressed, putting even more pressure on TRUMP.

Wider market weakness, including lackluster U.S. job reports, has also contributed to TRUMP’s slide. Some analysts say a recovery could follow if Bitcoin stabilizes. But for now, sentiment needs a serious lift—and perhaps better policy moves—before any quick rebound is possible.

TAO Future Remains Murky As Token Drops Below $300

Bittensor (TAO) is also facing difficulties as it dipped below the $300 mark. The TAO future is now uncertain after the token tumbled more than 46% from its February peak.

Analysts are watching closely to see if it finds support in the $250-$260 zone where trading activity has been concentrated. Like TRUMP, the next move for TAO could be heavily influenced by Bitcoin.

So far, altcoins have largely followed Bitcoin’s lead, and TAO is no exception. Analysts highlight heavy resistance at $320 and $360. But if Bitcoin fails to turn things around, the TAO future could see prices slip as low as $216 before finding its footing.

Buyers are keeping a close eye on volume and price action before making any long-term commitments.

BlockDAG Sharpens Security As Hackers Target Exchanges

Recent events have seen a rise in cyberattacks, with crypto exchanges and protocols bearing the brunt. Multi-million-dollar hacks have become alarmingly common, highlighting the urgent need for robust security measures.

With several exchanges and protocols falling victim to hackers, the crypto sector has been put on high alert. Among the platforms targeted are Bybit, a major exchange, and a new DeFi protocol called DAO. Both entities suffered significant losses in separate incidents.

These cyberattacks have had a wider impact on the crypto market, amplifying volatility and sparking concerns among investors. As hackers become more sophisticated, the focus on security becomes paramount.

In an age where technology evolves rapidly, the threat of cybercrime is constantly evolving. As we navigate this interconnected world, vigilance and robust security measures are essential to safeguarding our digital assets and maintaining the integrity of the crypto ecosystem.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

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Other articles published on Mar 23, 2025