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The MAGA price dropped 4% in the last 24 hours to trade at $3.71 as of 00:21 a.m. EST on trading volume that plunged 15% to $9.6 million. This comes as Donald Trump took to his social media platforms to remind voters of his campaign promises on crypto. In a   Truth Social post on October 31, Trump called on his roughly 8 million followers to vote for him in the 2024 election, claiming he would have all Bitcoin “made in the USA” if elected. MAGA Price Currently Bearish – Could TRUMP Recover? The current MAGA price action is sideways with a slightly bearish tilt due to the recent downward price movement from the high around mid-October. After a strong uptrend in the earlier part of October, prices seem to have encountered resistance around $5.5 and are now consolidating in a descending channel, which often indicates a temporary corrective phase in an overall trend, according to data from GeckoTerminal . The continued downtrend has resulted in the price of MAG...

Leading investment bank UBS remains bullish on the US dollar currency if Donald Trump wins the presidency in November. The bank wrote in its recent report that the market is contemplating a Trump victory against his viral Kamala Harris. However, opinion polls show a different perspective as Harris is beating Trump in the ballot box. While these are mere speculations, the exact result of the election will be announced on November 5, 2024. Also Read: There Is No American Dream Anymore, It’s Only Survival Currency: Higher Odds of the US Dollar Strengthening Under Trump Presidency Source: CNN The recent data from UBS shows that the US dollar has a higher chance of strengthening in the currency markets under the Trump presidency. The former President is more focused on steering the USD on the right track than his rival Harris. “Higher odds of a Trump presidency are likely to be associated with a stronger USD near term,” said analysts at UBS. Also Read: BRICS Pay: Exclusive Video of New Pay...