$BTC What Triggered Bitcoin’s Bull Run and Could New Crypto Follow Suit?
Hayes offers an explanation for what triggered Bitcoin’s speedy bull run.
‘[Today] We have a lot of fear, uncertainty, and doubt in the markets, and the monetary authorities, especially in America, cannot handle that, so they resort to money printing.’
Hayes believes the current bull run essentially started on April 9, with Trump’s 90-day tariff pause, which came soon after the president announced his tariff plan on April 2.
This string of events destabilized the markets to such a degree that mere rumors about the possibility of a pause caused an upwards market swing of $2T in less than half an hour.
The gains would be erased soon after, only for the market to rebound by 6% following the official announcement a day later. The ups and downs of the entire tariff debacle looks like something out of Hollywood’s playbook:#BTC