🚨 BREAKING UPDATE: Major Cryptocurrency & Trump-Related Announcement Expected Tomorrow (May 9, 2025)
Tomorrow, President Donald Trump is set to hold a major press conference at 10:00 AM ET (5:00 PM EAT) from the Oval Office, where he’s expected to announce a “major trade deal” with a “big, highly respected country.” Reports strongly suggest the partner may be the United Kingdom.
🔥 Context: Trump’s Ties to Crypto
President Trump’s administration has become increasingly active in the cryptocurrency space:
U.S. Strategic Bitcoin Reserve:
In March 2025, Trump signed an executive order to establish a Strategic Bitcoin Reserve, using over 200,000 BTC seized from civil and criminal cases.
Trump Family Stablecoin:
The Trump family launched a USD-backed stablecoin called USD1 through World Liberty Financial. The coin is part of a $2 billion investment plan into Binance, in partnership with a sovereign wealth fund from the UAE.
Legal & Ethical Concerns:
Some lawmakers are pushing for investigations, warning of ethical conflicts between Trump’s private crypto ventures and his public policy decisions.
💹 Market Implications
If the trade deal is pro-crypto or enhances U.S.-UK digital asset cooperation, Bitcoin could break past $100,000, driven by institutional and retail investor optimism.
If the announcement causes geopolitical or regulatory uncertainty, it could bring short-term volatility to the crypto markets.
At the time of writing, Bitcoin is trading around $99,250, approaching all-time highs. Tomorrow’s announcement may be a key turning point for both the crypto market and global trade.
