Recent statements and policies associated with Donald Trump continue to influence crypto market sentiment.
Key developments:
Bitcoin has recently traded around $61,000–62,000, while Ethereum and several major altcoins have been under pressure amid broader market uncertainty.
Market volatility has increased due to geopolitical tensions involving Iran and concerns about rising inflation. Investors have shifted toward a more cautious stance
Trump has maintained a generally pro-crypto stance, previously supporting efforts to make the U.S. a leader in digital assets and backing policies such as a Strategic Bitcoin Reserve
BTC levels traders are watching
Support: around $60,000
Resistance: around $65,000–70,000