Donald Trump’s recent cryptocurrency moves reveal a more substantial alignment with Ethereum’s ecosystem than Bitcoin, challenging the "Bitcoin President" label and

Leading cryptocurrencies dipped on Wednesday, diverging with the stock market rally, as the market expects more from the new Donald Trump administration. Cryptocurrency Gains +/- Price (Recorded at 7:30 p.

Large cryptocurrencies were mixed during U.S. morning trading on Thursday, with Solana seeing the biggest move, dropping 4.32% to $251.10. Bitcoin led the increases with a 0.91% climb to $105,028.00.

/PlutoChain/ – Ethereum (ETH) is currently hovering around $3,200, maintaining a crucial support level while traders debate the possibility of it reaching $12,000.

Bitcoin’s (BTC) price continues to decline, trading below $102,000 at the time of writing on Thursday after falling 2.3% the previous day. Later in the day, BTC could expect volatility after the US weekly Initial Jobless Claims data release. In an interview with Bloomberg Live on Wednesday, BlackRock CEO Larry Fink said BTC could raise to $700,000.

Ethererum was once a serious contender to challenge bitcoin’s status, but it’s struggled to keep up with the Trump-fuelled crypto rally.

Ethereum's approach, under Buterin's guidance, reflects a refusal to adopt the "bronze age mindset" that has been pivotal in Bitcoin's success. This mentality, often derided as "toxic maximalism" by outsiders (the term “maximalism” was coined by Vitalik himself,

Bitcoin(CRYPTO: BTC) has made another notable 24-hour move today, increasing 2.6% since 4 p.m. ET yesterday (as of 1:30 p.m. ET), with Ethereum(CRYPTO: ETH) and Dogecoin(CRYPTO: DOGE) also catching a bid, surging 3.8% and 4.4, respectively, over the same time frame.

But as Bitcoin and many other cryptocurrencies have been soaring in recent months — thanks to President Donald Trump’s embrace — Ethereum has struggled to keep pace, despite hosting the second most valuable digital token, Ether. While Bitcoin has gone up about 160% over the last year, Ether has only risen 40%.

Ethereum used to be seen as the most likely challenger to Bitcoin’s status as the preeminent cryptocurrency, and the one best positioned to make the blockchain a more useful technology.

As the positive news surrounding Trump’s DeFi project accumulation of ETH and potential Wall Street exposure, will the price of ETH turn bullish? Positive signs as ETH looks for support.