Crypto Market Sees Slight Surge Ahead of Trump Meeting
The crypto market is experiencing a slight surge ahead of President Trump's meeting with crypto executives. Ethereum (ETH) has reached a resistance level at $1,918, while Solana (SOL) could close at its highest price since July 23 if buying pressure remains high.
PumpFun (PUMP), an altcoin, is leading the gains with a 7% price increase to trade at $0.029. The Fear and Greed Index has risen from 27 to 41, indicating improving market sentiment.
The total crypto market cap has increased to $2.2 trillion, while Bitcoin (BTC) is holding support at $64,000 due to rising demand for BTC ETFs, which have seen two straight days of inflows. Ethereum ETFs have also seen $102 million in inflows since August 17.