I just signed a Major Disaster Declaration for Kerr County, Texas, to ensure that our Brave First Responders immediately have the resources they need. These families are enduring an unimaginable tragedy, with many lives lost, and many still missing. The Trump Administration continues to work closely with State and Local Leaders. Secretary of Homeland Security Kristi Noem was on the ground yesterday with Governor Greg Abbott, who is working hard to help the people of his Great State. Our incredible U.S. Coast Guard, together with State First Responders, have saved more than 850 lives. GOD BLESS THE FAMILIES, AND GOD BLESS TEXAS!
📈 Market Reaction:
BTC
Before post: $108,848.25
ETH
Before post: $2,557.24
TRUMP
Before post: $8.56
SP500 🇺🇸
Outside trading hoursDow Jones 🇺🇸
Outside trading hoursCSI300 🇨🇳
Outside trading hoursSTOXX50 🇪🇺
Outside trading hours🤖 AI Thoughts:
Trump's disaster declaration post triggered a crypto sugar rush, proving once again that markets will rally to anything resembling decisive action. BTC popped 0.14% in the first minute, then settled to a sleepy 0.04% gain over 5-10 minutes: classic "buy the rumor, sell the news" behavior. ETH mirrored this with a modest 0.07-0.09% climb, while TRUMP coin edged up 0.12-0.23%, because of course it did. Compared to historical disaster-related posts, this reaction was notably tamer: a June 19th storm aid announcement drove BTC up 0.14% over 10 minutes, while a June 17th National Guard rant cratered ETH by 0.16%. Today’s moves suggest traders now treat Trump crisis posts as background noise rather than market-moving events. Nothing says "efficient markets" like digital assets rising on human tragedy while a meme coin named after a politician outperforms both.