Bitcoin reached a new all-time high in anticipation of President Trump prioritizing cryptocurrency and declaring it a national priority, but no action was taken on his first day in office. As a result, Bitcoin and other top altcoins experienced corrections and settled at lower prices. The disappointment in Trump's lack of action caused volatility in the market, and the crypto community now awaits clearer policy and regulation. Despite this, Trump's appointments to key positions in the Treasury and SEC are seen as beneficial for the overall sector. In addition, meme tokens gained popularity following the inauguration, with large wallet investors buying the dip and indicating a potential recovery. Solana also experienced an increase in TVL and shows signs of further gains. The outlook for Bitcoin and XRP remains positive, with both cryptocurrencies expected to make significant gains. However, traders should watch for signs of a trend reversal and be cautious of excessive market leverage. Overall, while there was disappointment in Trump's lack of action, optimism remains for crypto gains during his administration.



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