Crypto’s Next Watch: Trump Vs Powell 🥊

Thank God It’s Friday! 

What a week it’s been, yeah?

I’m personally grateful for three things this week: the walkback on Tarriffs, the lowe-than-expected inflation rate, and the Presidency’s push for rate cuts. 

A good week in my books!

In Today’s Edition

🌕 Market Watch: Trump/Powell
🌕 $TRUMP Dump?
🌕 Eliza’s AI Agent Launchpad

Market Watch 🔍

Bitcoin held steady near $85,000 as Wall Street digested fresh waves of economic uncertainty. 

Tensions between President Trump and Fed Chair Jerome Powell are heating up, with reports suggesting Trump has privately mulled firing Powell

This move sent tremors through markets already rattled by stagflation fears. 

Meanwhile, Bitcoin options traders are stacking bets for a rally toward $90k-$100k, even as some hedge downside risk with $80k puts, Deribit data shows.

On the equities side, indexes closed largely flat after a grim Philadelphia Fed manufacturing report showed the sharpest contraction in two years. 

Inflationary pressures are bubbling back, complicating the outlook for rate cuts.

Against this backdrop, BTC and ETH eked out 0.8% gains, while Bitcoin Cash (BCH), NEAR, and AAVE led the broader CoinDesk 20 Index.

Solana was the real standout: SOL surged 4.5% after Canada launched North America's first spot Solana ETFs, fueling institutional inflows. 

Technicals show $125–$127 as strong support, with blockchain data revealing heavy SOL accumulation around $129.79—establishing a crucial pivot point for future price action.

In the trenches, Base is for Everyone staged a stunning comeback, with SOL meme tokens like TIME, Defiant, and KAPIBALA showing strong on-chain activity. 

Amid broader macro uncertainty, crypto's undercurrents are alive and shifting—quietly setting the stage for the next big move.

$TRUMP DUMP? 🇺🇸🐘

The TRUMP memecoin is facing its first serious test. 

Ahead of a major unlock event tomorrow, the token — launched by President Donald Trump himself — has slid 2.7% this week, even as the broader memecoin sector surged. 

According to Tokenomist data, 40 million TRUMP tokens, roughly 20% of the current supply (valued at a shaky $300 million), will be unlocked and become available to insiders and CIC DIGITAL, the Trump-affiliated entity behind his NFT ventures.

Despite the selloff fears, there’s no official word yet on whether the Trump team plans to liquidate any holdings. 

Still, confidence isn't exactly booming.

Since its January debut, Trump has barely acknowledged the coin, posting once on Truth Social (“SO COOL!!!”) and offering little more when pressed by reporters.

TRUMP’s community remains surprisingly resilient, boasting a $1.5 billion market cap — bigger than some major altcoins like TIA, ARB, and JUP. 

Some holders liken it to a collectible; others hope for a second viral moment if Trump ever gives it another digital nod. 

Bottom line: Betting on presidential memecoins still requires a strong stomach — and maybe a bit of blind faith.

Do you have that faith?

Eliza Wants More AI Agents

Eliza Labs is taking a bold push toward pushing the AI and Web3 ethos with the launch of auto.fun—a no-code platform that lets anyone, regardless of technical skill, deploy autonomous AI agents. 

Think pump.fun, but instead of memecoins, users create bots that can manage DeFi strategies, social media accounts, and even trading—all built on an open-source foundation for transparency.

Auto.fun also introduces a new twist on token launches with its “fairer than fair” model. 

Unlike traditional token drops prone to sniping and volatility, auto.fun blends bonding curves with fair-launch dynamics, allowing project teams to pre-secure liquidity and even distribute swap fees through liquidity NFTs. 

The goal? Align incentives between AI developers and users for long-term sustainability—not just short-term hype.

Over 15 projects are already onboard for day one, including FightFi’s competing social agents on X, Kryptonite’s CZAI trading agent, and Astra’s cross-chain payment agent. 

It’s a clear bet that the next wave of crypto won’t just be centred around trading—it’ll be about deploying intelligent, automated systems that can act, trade, and create on our behalf.

That’s all for the week.

Have a great weekend, people.   
Your Friend At Token Metrics 💛