Don't fantasize, everyone has long understood that Trump is dependent on Bitcoin, not the other way around
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Bitcoin Hits $93.9K After Trump Comments Ease Fed Fears, ETF Inflows Near $720M
Bitcoin [BTC] surged past $93,900 on Tuesday evening after President Donald Trump reassured markets he has “no intention” of firing Federal Reserve Chair Jerome Powell, easing fears over the Fed’s independence and triggering fresh momentum for the world’s largest cryptocurrency.According to TradingView data, Bitcoin touched a daily high of $93,900 before slightly retreating to $92,700 at press time. The crypto asset remains up nearly 5% over the last 24 hours, signaling renewed investor confidence and institutional interest. Trump’s Comments Calm Market, Drive Risk-On Sentiment President Trump’s repeated public critiques of the Fed’s monetary policy in recent weeks had raised concerns about potential interference in central bank operations. Tuesday’s assurance, however, cooled market jitters and contributed to a late-day rally in Bitcoin. Trump also softened his stance on China, stating that tariffs would be “coming down substantially,” reducing fears of escalating trade tensions. These remarks encouraged a shift in capital toward digital assets, positioning Bitcoin as a hedge in uncertain macroeconomic conditions. Bitcoin ETFs See $719M in Net Inflows as Institutional Demand Rebounds Adding to the bullish backdrop, US-listed spot Bitcoin ETFs recorded a combined $719 million in net inflows across Monday and Tuesday, according to data from Farside Investors. On Monday alone, the market witnessed $381 million in inflows, with no individual ETF posting outflows. These gains mark one of the sector’s strongest showings since January, and pending figures from BlackRock’s iShares Bitcoin Trust could push the total even higher. Analysts see this ETF resurgence as a signal that institutional investors are regaining confidence in Bitcoin, especially as macro conditions stabilize and regulatory clarity improves. Bitcoin Begins Decoupling from Nasdaq Tech Stocks Market observers have noted that Bitcoin is starting to decouple from tech stocks, which it had closely mirrored for much of its recent run. This shift may point to Bitcoin’s growing maturity as an independent macro asset, more influenced by global monetary policy and institutional behavior than equity markets. Meanwhile, gold also saw gains amid broader risk hedging, with spot gold nearing $3,500, reflecting a parallel surge in safe-haven demand. However, Bitcoin remains the headline story, outperforming traditional assets in both short-term returns and long-term investor sentiment. Is $100K Bitcoin Coming? What to Watch Next As Bitcoin stabilizes above $92,000, the market is now eyeing the $94,000 resistance and a potential psychological break toward $100,000 in the coming weeks. While macroeconomic calm and rising ETF demand are major bullish signals, the road ahead will also depend on inflation data, Fed policy, and broader global market stability. The post appeared first on CryptosNewss.com
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