Matrixport： The dovish tone of last week's Federal Reserve meeting and Trump's support for cryptocurrency have laid the foundation for further upward movement in the market

Odaily Planet Daily News: Matrixport released today's chart stating that the launch of TRUMP meme coin sparked a trading frenzy on centralized exchanges this weekend, with major platforms launching the currency at a record speed. However, the subsequent launch of MELANIA coin quickly reversed market sentiment, causing a sharp drop in coin prices and resulting in heavy losses for buyers on Sunday. This intense volatility has driven a surge in overall trading volume, with the weekend trading volume of Binance, the world's largest exchange, soaring from $15 billion to $50 billion. We believe that the surge in trading volume is traceable. The dovish tone of last week's Federal Reserve meeting, coupled with President Trump's active support for cryptocurrencies, laid the foundation for further upward volatility in the market. Just as 2023 and 2024 hold great significance for the cryptocurrency industry, 2025 may continue or even surpass this exciting development momentum.