That's correct! Saudi Arabia has indeed ended its long-standing petrodollar agreement with the US, which allowed them to diversify their oil trade currencies beyond the US dollar. While they haven't officially announced plans to accept Bitcoin or other cryptocurrencies for oil sales, there have been discussions and explorations into the potential use of digital currencies for transactions. This move could potentially impact the global economy, trade, and the future of currency markets.#BTC #bitcoin #altcoins $BNB $ETH $BTC KSA maybe consider BTC for Oil 🛢️ trade BTC will be 🚀🚀🚀🚀🚀🚀🚀 soon
📰 Trump’s Tariffs Are Back — What It Really Means for Bitcoin
Former President Donald Trump has reintroduced tough tariffs targeting Chinese imports — and markets are paying attention. While headlines focus on politics, traders know one thing: Tariffs = Inflation Risk. 🔍 Why This Matters to Crypto: 📦 Higher import costs → Consumer prices rise 📈 Sticky inflation → The Fed delays rate cuts 📉 Delayed rate cuts → Less fuel for risk assets 📊 What Bitcoin Is Doing 📍 BTC holding around $105K ❌ No breakout despite positive jobs data 🕰️ Market waiting for June 11 CPI to confirm direction 🧊 Sentiment is frozen — Fear & Greed Index at 57 ⚠️ What Traders Should Watch: June 11 CPI — If inflation rises due to tariff impact, BTC may stall or pull back Fed's July meeting — Will they pivot or pause? BTC key levels: $103K support / $106.8K resistance 📉 Bottom Line: Trump’s tariff wave isn’t just politics — it’s macro pressure. For Bitcoin, that means one thing: No easy rally until inflation cools or the Fed blinks. #TrumpTariffs #Bitcoin #CryptoNews #BTCUpdate #BinanceSquare #FedWatch #CryptoMacro #LeadTrader #InflationRisk #RiskAssets " data-hashtag="#TrumpTariffs #Bitcoin #CryptoNews #BTCUpdate #BinanceSquare #FedWatch #CryptoMacro #LeadTrader #InflationRisk #RiskAssets " class="tag">#TrumpTariffs #Bitcoin #CryptoNews #BTCUpdate #BinanceSquare #FedWatch #CryptoMacro #LeadTrader #InflationRisk #RiskAssets $BTC #TrumpTariffs
⏳ Just 4 days to go until the U.S. CPI data drops — and markets are holding their breath. 🕔 Release Date: June 11, 2025 📍 Time: 5:30 PM PKT 📊 Expected Inflation: 3.6%
Why does it matter? ⚖️ CPI controls Fed decisions. 📉 High CPI = BTC pressure 📈 Low CPI = Possible BTC breakout #BigTechStablecoin #MarketPullback
I don’t chase pumps. I don’t gamble. I trade smart — and I trade to win. 💼
📈 12%+ Monthly Growth (Spot Only) 🔁 BTC #MyCOSTrade $BTC rotation strategy 💡 Capital protection first, profits second ⏳ No leverage. No stress. Just precision.
You don’t need luck — You need a strategy that works.
Ethereum (ETH): $2,635 ▲ 0.27% – eyes on $3K breakout
BNB: $682.71 ▲ 0.15%
ADA: $0.75 ▼ 2.12%
XRP: $2.30 ▼ 0.43%
🔸 ETH accumulation rising with $24M+ in new wallet inflows 🔸 BTC ETFs saw $5.77B inflows in May – strongest since Nov 🔸 Altcoins like CAKE, INJ trending on volume spikes
#BinanceAlphaAlert Bitcoin 2025: Month-by-Month Price Forecast BTC already hit $111,381, but we’re just getting started.
My BTC Price Outlook:
June: $110K – $125K
July: $120K – $135K
August: $125K – $140K
September: $130K – $145K
October: $140K – $155K
November: $150K – $165K
December: $160K – $170K+
📈 ETF momentum 📉 Exchange reserves at record lows 🔥 Bullish macro + on-chain setups
I’m starting Lead Trading. You can now copy me to aim for this cycle’s best plays. I’m not watching — I’m trading with conviction. Follow my moves or fall behind.
#CryptoCPIWatch The U.S. Consumer Price Index (CPI) report for April 2025, released today, indicates that inflation remained steady, with the headline CPI rising 0.3% month-over-month and 2.4% year-over-year. The core CPI, which excludes food and energy, also increased by 0.3% for the month and 2.8% annually.
These figures align with economists' expectations and suggest that inflation pressures are stable, despite recent tariff implementations. Notably, tariffs on imports from China, particularly on household furnishings, have begun to impact consumer prices.
Market Impact:
Equities: U.S. stock futures showed modest gains following the report, as investors interpret the steady inflation data as a sign that the Federal Reserve may maintain its current interest rate stance.
Cryptocurrencies: Bitcoin and Ethereum experienced slight declines, reflecting cautious sentiment in risk assets.
Gold: Prices stabilized around the $3,200 mark after recent volatility.
Looking Ahead: Economists anticipate that inflation may rise in the coming months as the full effects of the tariffs are felt, potentially peaking around mid-year.
Stay informed and adjust your strategies accordingly.
Here are some reasons why Bitcoin (BTC) is down today
- Macroeconomics: Despite a cooling US CPI and PPI inflation data, the Fed officials adhere to the FOMC’s decision of a single rate cut this year. - Miner capitulation: The Bank of Japan’s Governor, Kazuo Ueda, is hawkish on raising interest rates again at the July meeting. - Bitcoin ETF outflows: The net outflow from the spot Bitcoin ETF was $146 million on Monday. - Lack of new stablecoin issuance: The market is down due to a general lack of new stablecoin issuance. - Dumping: Mt. Gox’s $9 billion bitcoin transfers to an unknown address, likely through thirteen transactions, raising dump fear in the market.#CPIAlert #BTC #BinanceTournament #AirdropGuide #BTCFOMCWatch $BTC $PAXG
- Australian Securities Exchange (ASX) has approved VanEck's spot Bitcoin ETF, the first Bitcoin ETF to be offered on the exchange - The approval comes after the success of similar ETFs in the US and Hong Kong - Other asset managers, such as BetaShares Holdings and DigitalX, are also seeking to list their own Bitcoin ETFs on the ASX - The move is seen as a significant development in the country's cryptocurrency market, indicating growing interest and acceptance of Bitcoin and other cryptocurrencies in Australia - The ETF provides an opportunity for investors to gain exposure to Bitcoin without directly owning or managing the digital asset
PAX Gold (PAXG) is a gold-backed cryptocurrency that combines the benefits of physical gold ownership with the convenience and flexibility of a digital asset. Each PAXG token represents one fine troy ounce of gold stored in secure vaults.
Here are some key features of PAX Gold:
- Gold-backed: Each token is backed by physical gold reserves. - Stable value: The value of PAXG is pegged to the price of gold. - Digital ownership: Allows for easy transfer and storage. - Low fees: Lower fees compared to traditional gold investment methods. - Transparent: Audited regularly to ensure the gold reserves match the number of tokens in circulation.