Crypto Market Surges 6% as Trump Prepares for Summit

Generated by AI AgentCoin World
Thursday, Mar 20, 2025 8:14 am ET1min read
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The cryptocurrency market has shown a new upward trend following the U.S. Federal Reserve’s FOMC meeting, with the Made in USA market achieving a $423 billion market value through its 6% daily market expansion. This surge in value has been particularly notable for several USA coins as President Donald Trump prepares to give his crypto summit address.

Trump is set to provide a recorded communication at the Blockworks Digital Asset Summit in New York, marking his first appearance as a speaking president at such an industry gathering. The event has generated significant hype, with indications that the Trump administration may support cryptocurrencies, particularly stablecoins. Among the top USA coins to consider are XRP, ADA, LINK, and SOL.

Ripple (XRP) has seen a strong market recovery, with its price surging over 10% in a single day. Currently trading at $2.50, analysts predict that XRP could rise to $3 if bullish market conditions continue. The positive market trends for Bitcoin and Ethereum following the Federal Open Market Committee decision have also driven investor interest in XRP ahead of Trump's crypto summit speech.

Cardano (ADA) has experienced a 5% increase, lifting its value to $0.7327. This upward trend is gaining strength as it aims to reach $1. The recent data shows that whales have purchased 190 million ADA tokens, which could further drive market price growth due to their trend-setting power.

Solana (SOL) has entered a positive direction with the debut of the first Solana ETFs for U.S. investors. The price of Solana has rebounded, trading over the crucial $130 support threshold and achieving a 10% rise in value over the past 24 hours. This market development has attracted intense investor attention, with the Solana derivatives market expanding rapidly.

Chainlink (LINK) has also shown a notable recovery, with its price following the crypto market's bullish trend after the FOMC decision. Currently trading at $14.05, LINK has seen a 5% surge in the past 24 hours. According to analysts' forecasts, the LINK price could exceed $20 and potentially reach $30 before Trump delivers his crypto summit speech, provided bulls maintain their momentum.

In summary, the growth outlook for these USA coins appears strong, especially with the upcoming Trump summit political event. Continuous investor observation is required to determine upcoming industry actions and capitalize on potential market developments.

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