Bitcoin Holds Steady, ETH Outperforms SOL, TRUMP, Shiba Inu, Plumment, On-Chain Data Report Shows

On-chain data shows Bitcoin (CRYPTO: BTC) has maintained its strength comparatively to overall crypto market volatility as a major market move may be imminent.

What Happened: In a post on X on Friday, analytics provider Glassnode showed meme coins experiencing sharp declines, with TRUMP (CRYPTO: TRUMP) dropping by 33.1% and Shiba Inu (CRYPTO: SHIBA) falling by 27.9%.

Broader drawdowns include Bonk (CRYPTO: BONK), down 6.92%, and Pepe (CRYPTO: PEPE), down 6.8%.

Solana (CRYPTO: SOL) declined 2.65%, Ethereum (CRYPTO: ETH) …

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