President Trump’s alleged endorsement of cryptocurrency remains unverified, despite the crypto market soaring. Key points include: Bitcoin near its all-time high at $105,000, altcoin growth, and a lack of official confirmation for his purported quote. While market reactions are significant, their influence remains unclear. Experts point to increasing interest in altcoins and regulatory efforts as driving forces behind the market dynamics. The Coincu research team suggests that the recent rise in Bitcoin’s price is likely tied to broader altcoin growth rather than unverified statements, emphasizing the importance of long-term developments like regulations and technological advancements.