Preparing to distribute over $5 billion to creditors on May 30!

After months of waiting, the FTX platform announced that it will begin distributing more than $5 billion in assets to creditors starting May 30, 2025.

But why is this news so important?

Because this money could go directly back into the crypto market, either through direct purchases of currencies or reinvestment in projects and platforms.

Potential impact?

• ✅ Increased market liquidity

• ✅ Additional support for $BTC, $ETH, and altcoin prices

• ✅ General optimism that brings momentum for a rise

Could this be the next payment moment in the market?

All eyes are now on market movement after May 30!

Mateusz Kara, CEO of cryptocurrency company Ari 10, told DL News that the question is Do we overestimate what Trump can do?

In last year's U.S. election, the cryptocurrency industry supported Trump, hoping that he would end the Biden administration's cryptocurrency crackdown, promote rules that favor the industry, and start a bull run. Although some rules have been relaxed, the White House's trade war has caused the global cryptocurrency market value to shrink by nearly 21%, or about $800 billion, since its high in December last year.

Bitcoin is down more than 10% from its level on Jan. 20, the day before Trump’s inauguration, when it hit an all-time high of $109,225. Earlier this month, bitcoin was hit along with other risk assets by tariff concerns, falling below $74,500 on April 7 before rebounding to around $94,500 as of this writing, according to Dow Jones Market Data.