Indian crypto traders fall for $Trump, $Melania; BTC at new high, USDT premium triples
- Posted on January 20, 2025
- By Business News Today
- 2 Views
Indian crypto traders fall for $Trump, $Melania; BTC at new high, USDT premium triples
Indian crypto traders showed a sudden interest in Trump and Melania meme tokens ahead of Donald Trump's inauguration, leading to a surge in USDT premiums. As these new tokens got listed on local exchanges, investor enthusiasm spiked. Despite challenges like high taxes and regulatory voids, cryptocurrency demand remains robust, with a notable rise in Bitcoin's value.