Binance X BinanX

Start Your Crypto Journey Right!

Sign up on Binance and receive up to $1,000 in rewards after completing KYC.

Join Now
HomeBitcoinBitcoin NewsIs Trump crashing the market ... By the way?
Binance X BinanX

Start Your Crypto Journey Right!

Sign up on Binance and receive up to $1,000 in rewards after completing KYC.

Join Now

Is Trump crashing the market … By the way?

Also: will the United States really buy 1m BTC?

#Airdrop-Section#

GM. Today is a free fruity in the market, but do not worry: we are here to cut, give the dice and serve the most juicy bits with zero effort on your part.

📝 Senator Cynthia Lummis reintroduces Bitcoin’s law.

🍋 News dropps: The EU is worried about Trump, cryptographic scammers are using new tactics + more

🍍 Market taste today

Me bad … technically, the graph is not all red… Uugh, who am I joking? It is still brutal 😣

And things don’t look better behind the scene – Cryptoquant says The whales are not buying Bitcoin as they used to do it, and the ETFs of the United States had $ 740 million in departures only this week.

To top it off, BTC’s demand fell for 103k coinsThe fastest fall we have seen since mid -2014. Sure, A 22% drop is not that Crazy for an upward market, but this one feels … Heavy.

Glassnode analysts say Bitcoin is in his cooling phase after all timebasically, People who bought the best start of rescuing. And when BTC crashed at $ 78k, Panic Selling Patea hard.

If it were December or January, the market would have seen this as the Buy the dip chance. But now, everyone doubts.

And without intervening new buyers, the market could stay stuck in this correction phase for a while.

Hesitation is reduced to Tight liquidity, the bybit trick and economic uncertainty – Especially Trump’s tariff drama.

That, speaking of that last … What happens if all this is part of the plan?

Bitcoin commentator Anthony Pompliano has this theory: Trump and Treasury Secretary Scott Besent are Intentional tank asset prices to the president of the Jerome Powell pressure Fed to reduce interest rates.

Here is the logic:

  • Make investors scare → Volcan risk assets such as actions and cryptography;

  • That money moves to safer assets such as the US government bonds.;

  • Greater demand for bond = higher bond prices = lower bond yields;

  • If bond yields fall enough, the Fed could decide to reduce interest rates so that they coincide with market conditions.

Why would they do this? Simple: The United States government has about $ 7t in debt that needs to refinance soon.

With high interest rates, pay and re -emit that the debt would be madness. But if the Fed reduces rates, the government can borrow at a cheaper pace and save a ton of money.

Think of intelligence

And just to keep things extra interesting, The February Consumer Price Index (CPI) was lower than expected:

  • Monthly CPI: +0.2% (vs. 0.3% expected);

  • IPC year after year: +2.8% (vs. 2.9% expected);

  • Central monthly CPI (excludes food and energy): +0.2% (vs. 0.3% expected);

  • Central CPI year after year: +3.1% (vs. 3.2% expected).

Translation: Inflation is cooling. That should be good news – The fed no have To keep the high rates.

Normally, a report like this cryptographic pumping, but this time, The market barely reacted. Investors are too worried about everything else.

So yes … they say that God gives his toughest battles to his strongest soldiers. But at this point, please let someone else take a turn: the cryptographic community has already gone through enough …

Divider

🥝 Memecoin harvest

Even his friend Normie could ask if “it’s too late to buy” after seeing these lists:

Data at 05:35 am est.

Check out these memecoras and much more here.

Divider

Quick reminder: last week, Trump signed an executive order to establish a strategic Bitcoins reserve – That, according to all reports, it is historical … And the market reaction was any TF that we witnessed in the flavored section of the market of this newsletter.

Because? Long short history: the government really did not promise that they would buy more BTC = without guaranteed bomb.

(For complete breakdown, Read this.

But Senator Cynthia Lummis He doesn’t want to let it slide. She reintroduced Bitcoin’s law:

If this does, this is what it means:

  • Autocustody rights are protected;

  • The United States Treasury is receiving its own Bitcoin vaults;

  • The Government undertakes to buy 1 million BTC – Around 5% of the total supply: Bitcoin convert into the digital equivalent of the United States Gold Reserve;

  • All this is financed by reallocating the existing government money.

Lummis is not alone either, you have some New Republican co-firmingincluding Jim Justice, Tommy Tuberville, Roger Marshall, Marsha Blackburn and Bernie Moreno.

Obviously, there is still a long trip ahead: the bill has to survive the Congress first. But it is wild to think that something like this is even on the table.

Divider

🍋

🤨 The X account of the co -founder of Meteora Ben Chow called the founders of Defituna to benefit from Memecoins such as Melania and his companions. Meteora’s official account affirmed that his account was pirated … and now both publications have gone because – plot twist – Both accounts were pirate.

🕰 The SEC delayed its decision for XRP, Solana, Litecoin and Dogecoin ETF. But it is not necessary to worry: Bloomberg Etf analyst James Seyffart says it’s just a business as always.

⛏ A Bitcoin solo minero with a small 480 GH/s platform defeated industrial giants with more than 230,000 GH/Sy won the complete reward of $ 263K. Absolute Flex of weeds.

🚨 Staff creative In 2024. The California financial control agency received 2,668 complaints and found seven new scam and AI tactics.

😬 EU financial officials care that Trump’s support for cryptography interrupts the financial stability of Europe. The ESM says that the digital euro is not just an option, it is essential To maintain control.

Divider

🍌 Juicious memes

RELATED ARTICLES
Binance X BinanX

Start Your Crypto Journey Right!

Sign up on Binance and receive up to $1,000 in rewards after completing KYC.

Join Now

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment - Image Description

Most Popular