# Crypto's Trump Bump?

*Author: Bankless*
*Published: Jul 8, 2024*
*Source: https://www.bankless.com/es/cryptos-trump-bump*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/06/Frame-50572--1--2.png)](https://www.bankless.com/sponsor/mantle-1706216729?ref=how-to-restake-on-symbiotic&email=true)

  

Crypto's Trump Bump?
    
  

  
  Published on July 8, 2024

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  View in Browser

](https://bankless.com/read/briefs)
 

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[**Sponsor: Mantle**](https://www.bankless.com/sponsor/mantle-1706216729?ref=how-to-restake-on-symbiotic&email=true) — Mass adoption of decentralized & token-governed technologies.

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Germany Offloads BTC
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/Group-15--67-.png)](https://www.bankless.com/dashboard)- 🇩🇪 **German Gov’s Bitcoin Selling Spree Revs Up. **Sales of more than $900 million in BTC sent a shock to the markets.
[*Read more on Bankless.com*](https://www.bankless.com/german-gov-ramps-up-sales)
- 🛡️ **Ethereum Foundation and Immunefi Launch 'Attackathon.'** The Ethereum Foundation sponsors a crowdsourced security audit competition.
[*Read more on Bankless.com*](https://www.bankless.com/ef-immunefi-attackathon)
- **💰 Crypto Flows Show Institutions are Still Buying. **Despite market panic, crypto investment products saw $441M in inflows last week.
[*Read more on Bankless.com*](https://www.bankless.com/crypto-flows-show-institutions-are-still-buying)

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    MARKET VIBES

  
  

    Waiting for Trump Bump?
  
   
     
   
     
    
 

**📸 Daily Market Snapshot: ***A bearish holiday weekend for crypto markets capped off by $900M in BTC sales from the German government Monday left Crypto Twitter deep in panic. But Trump including a *[*pledge*](https://www.coindesk.com/policy/2024/07/08/trumps-official-republican-platform-pledges-to-halt-crypto-crackdown/?_gl=1*1wims41*_up*MQ..*_ga*OTY0Mjc2MjQwLjE3MjA1MzE2MjE.*_ga_VM3STRYVN8*MTcyMDUzMTYyMS4xLjAuMTcyMDUzMTYyMS4wLjAuODEzNTk3MDgw)* to end the crypto crackdown as part of his official platform offered some hope.*

Prices as of 5pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.08T
       

 
    
    ↘0.8%
    
  

  
    
    ↘10.7%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $56,234
       

  
    
    ↘1.6%
    
  

   
    
    ↘11.0%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,987
       

  
    
    ↘0.4%
    
  

   
    
    ↘13.8%
    
  
  

       ![](https://s2.coinmarketcap.com/static/img/coins/64x64/21159.png)
    

  **ONDO**
   
          $0.917

       

  
    
    ↘1.6%
    
  

   
    
    ↘24.1%
    
  

  

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🔒**New Token Rating: **Ondo Finance has plunged 30% off its early June all-time high. Is ONDO now a bargain buy at its current $9B valuation?[Unlock ONDO on Token Hub](https://www.bankless.com/tools/token-hub/ondo-finance)

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TACTIC

  
  
    
   
How to Restake on Symbiotic
  
  
   
     
     Bankless Author: 
     
       [
       
       William M. Peaster](https://x.com/WPeaster)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/image---2024-07-08T165703.975.png)](https://www.bankless.com/how-to-restake-on-symbiotic)EigenLayer changed the game by introducing the restaking primitive to the Ethereum ecosystem, yet it was only a matter of time until challengers rose up and started trying to beat EigenLayer at its own game!

The big challenger making a big splash lately is **Symbiotic**, a new restaking protocol that aims to offer restakers more options beyond just ETH. 

*In this guide, we’ll walk you through the big ideas of Symbiotic and then show you how to get started with your first deposits* 👇

[How to Get Started](https://www.bankless.com/how-to-restake-on-symbiotic)
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