Cryptocurrency prices were little changed ahead of the US PCE inflation report.

Donald Trump-themed meme coin TRUMP plummeted on Thursday. After the former president was found guilty Falsifying business records. After the ruling, the token fell by 35%. Meanwhile, Jo Boden, a meme coin inspired by President Joe Biden, soared 20%. But TRUMP soon recovered, rising nearly 50% to under $17, according to CoinGecko data. This figure is much higher than before the ruling. The current price of TRUMP is $14.39, up more than 11% in the last 24 hours. On Polymarket, a blockchain-based prediction market, traders continued to bet on Trump defeating Biden in the November election. Even after the ruling, Trump has a 56% chance of winning, compared to Biden’s 38%.