I think Trump really might be trading cryptocurrencies and stocks to pay off his US debt. A few days ago, he mentioned hopes for world peace and that Israel and Iran shouldn't casually violate the ceasefire agreement. Today, he actively mentioned that there might be war again.
The recent rise in the past couple of days is mainly due to the emotional explosion following the peace from the ceasefire and the expectations of interest rate cuts by the Federal Reserve.
Currently, $BTC has reached the resistance level of 108,000. This recent surge has seen Bitcoin's Trump start to claim that war might happen again, and he probably has already opened short positions. Additionally, this recent rise has consumed most of the liquidity for long positions, so a pullback should be expected soon.
#Trump #IsraelIranWar #BTC #ETH