Inside Trump’s Crypto Holdings: $6.9M Portfolio, With One Altcoin Ready For A Major Rally

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Inside Trump’s Crypto Holdings: $6.9M Portfolio, With One Altcoin Ready For A Major Rally - NewsBTC

Quick Summary:

Recent data from market intelligence firm Arkham Intel reveals that President-elect Donald Trump’s crypto portfolio has seen significant gains, coinciding with a robust uptrend in crypto prices following his election victory on November 5. Despite Bitcoin (BTC) being at the center of Trump’s presidential campaign, one notable asset among his holdings is Ethereum (ETH), of which he owns nearly 496 coins.

Trump’s Crypto Holdings Shine Crypto analyst Michael van de Poppe pointed out a bullish divergence on Ethereum’s daily chart, suggesting that the current market dynamics are ripe for further growth. The analyst identified a key driver behind ETH’s recent performance: a significant drop in government bond yields.

Major Investment From TRON Founder In a related development, crypto entrepreneur Justin Sun has emerged as a major investor in Trump’s World Liberty Financial, committing $30 million to the decentralized finance (DeFi) project. Sun, the founder of the TRON cryptocurrency, declared his support for Trump’s vision of turning the US into a blockchain hub.