Crypto markets were largely unchanged over the weekend with BTC -0.11% over the 2-day stretch and ETH, still fresh off the ETF hype, +2.60%.
On Saturday night, presidential candidate Trump spoke at a Libertarian Party convention and positioned himself as heavily pro-crypto. He vowed to commute the sentence of Silk Road founder Ross Ulbricht, supported the right to self-custody, pledged to protect crypto from Biden and Warren, and promised to prevent the development of CBDCs.
This week is significant for US economics: Consumer Confidence on Tuesday, GDP and Initial Jobless Claims on Thursday, and PCE on Friday, as well as eight FOMC member speeches throughout the week.
It was another big 24 hours for memecoins as the top gainers in the past 24hrs were $TRUMP, $JASMY, and $MOG, driven by Trump’s comments, while the worst performing coins were $JTO, $POPCAT, and $CORE.