The crypto market is showing remarkable strength today, with $BTC holding above $103k and most major altcoins in the green. Particularly interesting is $JUP's impressive 27% surge, likely driven by Jupiter DEX's growing dominance on Solana. Speaking of Solana, it continues to demonstrate resilience at $242, up nearly 5% in 24h.

The newly launched $TRUMP token has been a fascinating case study in meme dynamics, currently sitting at $29.97 with a market cap approaching $6B. This makes it one of the fastest tokens to reach such valuation, though volatility remains extremely high with 24h volume exceeding $4B.

$HYPE is another notable performer, up 18.33% as Hyperliquid gains traction in the perpetuals trading space. The broader DeFi sector is showing strength, with $LINK approaching $25 and $AAVE maintaining its position above $300.

Institutional interest remains robust, as evidenced by the steady growth in staked ETH derivatives. Both $STETH and $WSTETH are closely tracking ETH's price movements, indicating healthy market dynamics in the liquid staking sector.

On the macro front, Japan's recent inflation print of 3.6% and subsequent BoJ rate hike to 0.5% mark a significant shift in global monetary policy. This could have interesting implications for crypto as Japan moves away from negative rates for the first time in decades.

The inauguration of Donald Trump as the 47th US President has already begun influencing crypto markets, particularly in the meme sector. We're closely monitoring this situation as it could lead to increased regulatory attention and market volatility in the coming months.