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Why Is Crypto Down Today? – May 29, 2025 Bitcoin Cryptocurrency Market “Bitcoin is outperforming most asset classes amidst an environment of challenging macroeconomic conditions, and geopolitical tensions, making the broader outlook remarkably uncertain," Glassnode says.
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$BTC #MyCOSTrade #BlackRockETHPurchase #TrumpTariffs #SaylorBTCPurchase
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$BTC BTC’s price didn’t really flinch during JD Vance’s speech to the Bitcoin 2025 conference in Las Vegas — primarily because it didn’t deliver that “rabbit out of the hat” moment that the markets had been hoping for.#TrumpTariffs #SaylorBTCPurchase But make no mistake, this was a significant moment. Addressing the crowd in front of a lectern bearing the vice presidential seal, his speech attracted widespread media attention across countless television networks. The free publicity for Bitcoin will unhelpfully aid his prediction that 100 million Americans will one day invest in digital assets — doubling from current levels.#MyCOSTrade #BlackRockETHPurchase Vance began by attempting a few jokes. One about shilling his own meme coin didn’t really land, but there were ripples of laughter when he said his Secret Service detail was nervous because Bitcoiners “really like guns.”#EDGENLiveOnAlpha He went to great lengths to assert his own credentials as a Bitcoiner — and praised how crypto has “expanded banking access for many,” with “ground-breaking” uses continually emerging for blockchain technology.$BTC $BNB
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$BTC #MyCOSTrade #BlackRockETHPurchase #TrumpTariffs #SaylorBTCPurchase #TrumpMediaBitcoinTreasury
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$TRUMP But 43 minutes after the announcement, Donald Trump Jr. responded on X saying that the Trump Organization has “no involvement” with such a wallet and that he and Eric — the family’s core crypto boosters — didn’t even know about its existence. Even Barron, who never says anything, said the family has “zero involvement” with the wallet. $BTC So what happened? The announcement came from Trump’s meme-coin team, an LLC called Fight Fight Fight that is run by a 71-year-old named Bill Zanker. He is a serial entrepreneur who worked with Trump on a book almost two decades ago and once founded a chain of stores called the Great American Backrub. Since late last year, he has been a major player in the expansion of Trump’s crypto holdings, including the controversial meme-coin dinner that he organized in May.$SHIB After, a decent stretch of making money off the presidency, it appears there is now some conflict in Trump crypto world — or at least confusion over who has the authority to launch a new project. In a series of texts to the New York Times, Eric threatened legal action against the crypto-wallet team, saying “there is no deal for this product.” But for those disappointed by the botched crypto-wallet rollout, fear not. In the fracas over the product unveiled on Tuesday, Trump Jr. announced that their family has been “working tirelessly” on their own official wallet that will be launching soon.,,#SaylorBTCPurchase #MyCOSTrade #BlackRockETHPurchase
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