🚨 BREAKING: Trump to Announce Major Crypto & Trade Update on May 9, 2025
📢 Key Information:
Time: Tomorrow at 10:00 AM ET (5:00 PM EAT)
Location: Oval Office press conference
Agenda: President Donald Trump is expected to reveal a significant trade agreement with a "highly respected country"—rumors suggest it may be the UK.
🔥 Trump’s Expanding Role in Crypto:
Strategic Bitcoin Reserve: In March 2025, Trump initiated a national Bitcoin reserve containing over 200,000 BTC, acquired from legal seizures.
USD1 Stablecoin: The Trump family introduced a USD-backed stablecoin, USD1, through World Liberty Financial. It’s supported by a $2 billion investment in Binance, reportedly funded by a UAE sovereign wealth fund.
Ethical Concerns: Lawmakers are investigating potential conflicts of interest surrounding Trump's involvement in crypto and related policies.
💹 Potential Market Impact:
Bullish Outlook: A crypto-friendly trade deal could catapult Bitcoin beyond $100K, fueled by institutional enthusiasm.
Risks: Regulatory or geopolitical uncertainties may cause short-term market turbulence.
📊 Current Market Snapshot:
Bitcoin: ~$99,250, nearing new all-time highs
BTCUSDT Perp: $102,789 (+1.87%)
BNB: $635.89 (+2.35%)
SOLUSDT Perp: $170.55 (+6.56%)
Tomorrow’s announcement could be a turning point for both crypto and international trade.