TRUMP Coin has experienced a significant downturn, trading currently at 11.61 USD after a 17.2% decrease this week. The coin’s decline is influenced by Bitcoin’s pullback and disappointing job data from the U.S.
In February, the U.S. Added only 151,000 jobs, below the anticipated 160,000, raising concerns about economic stability. The slow job growth has led to a risk-off sentiment among investors, impacting speculative assets like TRUMP Coin.
Despite current pressures, factors like Bitcoin stabilization, improved market sentiment, and potential positive policy announcements from Trump could aid in TRUMP Coin’s recovery in the future.