Bitcoin rose approximately 2% on March 13, breaking through $72,000 despite strong dollar performance and weakness in US stock futures. Crypto futures open interest across the market increased, with Bitcoin and Ethereum showing particularly strong performance. Meanwhile, the Trump-themed Meme coin TRUMP surged over 30%.

Recently, a whale who suffered a massive loss of $14.61 million on $MELANIA coins purchased 2.2 million $TRUMP tokens, investing approximately $6.97 million, reportedly to compete for qualification to attend a Trump dinner. This address previously bought $MELANIA last year for approximately $28.93 million in USDC at a high price, and liquidated the position after suffering approximately 50% losses.

According to Gate News, on March 13, the total liquidation amount across the entire network reached $32,489,300, mainly involving long and short positions. The EURUSD had the highest liquidation amount at approximately $8,514,400, while Bitcoin and Ethereum were $7,199,400 and $3,989,700 respectively. TRUMP's liquidation amount was $2,928,000.

TRUMP token broke through $3.7 on March 13, currently trading at $3.774, with a 24-hour gain of 32.51%. Trump will host a grand luncheon for token holders, with participation eligibility based on holdings and purchase of specific merchandise. The first 297 holders can attend, and the top 29 will be invited to a VIP reception.

Over the past 12 hours, three newly created wallets have withdrawn 2.54 million TRUMP from a certain CEX, with a total value of approximately $8.8 million. Meanwhile, whale address DNTpoX, which has incurred losses of $15.68 million, also withdrew 2 million TRUMP. Four addresses accumulated withdrawals of 4.54 million TRUMP, valued at approximately $15.72 million.

The cryptocurrency market is showing overall strength, with total market capitalization reaching $2.51 trillion. Bitcoin is approaching $72,000, while Ethereum is around $2,100. The rally has been driven by declining crude oil prices and institutional capital inflows, while the U.S. stock market decline has created a divergence with independent cryptocurrency market movements. Leveraged market short positions are being squeezed, capital flows into spot ETFs remain robust, and geopolitical factors have also improved market sentiment.

Trump plans to hold a limited cryptocurrency conference at Mar-a-Lago in Florida in April 2026, with 297 participants gaining admission through TRUMP token holdings rankings. This event once again combines politics with crypto assets, attracting market attention. The TRUMP token price has shown notable volatility and is expected to continue drawing attention as the conference approaches.

As the 2026 U.S. midterm elections approach, Democrats are targeting cryptocurrencies as a key political issue, accusing Trump’s crypto projects of conflicts of interest. Several Democratic lawmakers have called for investigations into crypto companies associated with the Trump family, drawing increased scrutiny. During the election period, debates over regulation and ethical concerns have been intense. These developments could impact the outcome of future elections.

Trump-backed World Liberty Financial is accelerating the integration of artificial intelligence and stablecoin payments, developing technology to support AI autonomous payments. The stablecoin market continues to expand, with projections reaching 3 trillion dollars by 2030. AI agents are expected to become the primary driver of this payment method in the future, propelling the development of the digital economy.

Gate News bot message, a newly created wallet withdrew 2 million $TRUMP tokens valued at $5.94 million from a centralized exchange. The transaction marks a significant single withdrawal of the TRUMP token from exchange platforms.