Libra_MBK

#Bitcoin Shows Strength as US-China Trade Deal Talks Progress
#Bitcoin has been performing strongly, even as stock markets dropped in April due to new tariffs announced by Donald Trump. After falling to $75,000 early in the month, #Bitcoin bounced back by 27%, reaching around $95,000 by the end of April. While stock indexes like the S&P 500 and Nasdaq went down, #Bitcoin stayed strong—raising questions about whether it’s becoming a “safe-haven” asset during global uncertainty.
Some experts think countries might be using #Bitcoin to get around tariffs, which could explain its strength. If a trade deal between the US and China is finalized, this theory will be tested. So far, the White House has said that “substantial progress” has been made, but no deal has been confirmed yet.
If #Bitcoin continues to rise even after a deal is announced, it may mean that trade tensions don’t have much effect on how people use or value it. Some investors also believe that clearer trade policies and possible interest rate cuts could make Bitcoin even more attractive. Still, analysts warn that without a firm announcement, #Bitcoin’s recent rally could lose steam. The coming days may show whether Bitcoin now moves independently of global politics.
source: cointelegraph.com

This is a rare bird 🕊️. If it passes through a war-torn area, peace eventually returns. Wherever there is peace and prosperity, a long war breaks out. 😂

#TradeWarEases

In April, prices in China rose more slowly for the third month in a row, and factory prices saw their biggest drop in six months. This happened while China was still dealing with a tough trade war with the U.S.
According to government data, consumer prices (CPI) were down 0.1% compared to last year, matching what experts expected. Compared to March, they were slightly up by 0.1%.
This shows that people in China are still not spending much, something the government has been trying to fix for the last two years. Now, all eyes are on new government spending plans to boost shopping and consumption.
Interestingly, this inflation news came right before the U.S. and China announced progress in trade talks—possibly even a trade deal. If true, it could mean fewer U.S. tariffs on Chinese goods, which have been hurting the economy.
The problem was even clearer in factory prices (PPI), which fell 2.7% compared to last year—the biggest drop in six months. Chinese factories were hit by fewer orders from abroad and weaker demand at home.
However, things might get better in May, thanks to more local spending during the Labour Day holiday and the hope of a solid trade deal with the U.S.

source: investing.com

Fasttoken (FTN) #fasttoken is currently trading at $4.36, just shy of its all-time high of $4.37 reached on May 11, 2025, with a 24-hour volume of $259,314 and a market cap of $1.90 billion, commanding a 0.06% share of the crypto market. With a staggering 124% gain over the past year, FTN has outperformed 85% of the top 100 cryptocurrencies—including Bitcoin and Ethereum—while consistently staying above its 200-day moving average. It boasts 21 green days in the last month alone (70%), signaling strong momentum and bullish sentiment, as confirmed by a Greed score of 70 on the Fear & Greed Index. #fasttoke is trading near its peak with a circulating supply of 436.26 million FTN out of a capped 1 billion, though investors should be cautious of its overbought status, relatively low liquidity, and a steep yearly inflation rate of 43.11%.

Be very careful with offers like:

> “Earn free #USDT on Meta earth Wallet app, no KYC, only face verification, 1 free token worth 5 #USDT.

These schemes sound highly suspicious and possibly a scam.

-No KYC but face verification is contradictory and strange.
-Free tokens worth real money with just a sign-up are common tricks used by scam apps.
-Referral codes are often used to spread scams quickly.
-Meta earth Wallet is not a well-known or verified crypto platform (as of my last check).

Tips for staying safe:
-Only use trusted wallets and apps (like MetaMask, Trust Wallet, Coinbase).
Never give your face, ID, or private key to unknown apps.

Regards

#Sui Crypto is expected to skyrocket by 225.46%, reaching $12.87 by June 10, 2025! Right now, the market mood is bullish, and the Fear & Greed Index shows a strong 70 (Greed) — meaning investors are feeling confident. Over the past month, Sui had 15 green days out of 30, with price swings of 22.40%. According to the latest forecast, now could be a great time to buy Sui Crypto! source: coincodex

Ethereum #Eth needs to break through the $2,500 and $2,850 resistance levels to kick off a strong comeback and move higher within a key price range. If the current upward trend continues, ETH might face a brief pullback around those levels.

In other news, the Ethereum Foundation has awarded $32.64 million in grants during Q1 2025 to support various projects across the Ethereum ecosystem. These projects focus on improving core areas like community education, cryptography and zero-knowledge tech, developer tools, the execution layer, and overall network growth.

source @ fxstreet

Dogecoin #doge Surges Past $0.20, Causing $13 Million in Liquidations

How far can Dogecoin’s rally go?

Dogecoin is showing strong upward momentum after breaking out of a bullish pattern called an inverse head and shoulders on the daily chart. This breakout suggests a possible 33% price increase, aiming for $0.24. The target is based on the size of the pattern.

Currently, DOGE is holding above the 100-day EMA at $0.20, which supports the idea that the price could keep climbing toward $0.24 soon.

Technical indicators back this outlook. The MACD is bullish, with growing green bars suggesting strong upward pressure. However, the RSI is at 70.31, entering overbought territory, which sometimes leads to pullbacks as traders take profits.

If Dogecoin drops below $0.20, the next support level would be around the 50-day EMA at $0.18 before any new attempt to move higher.

source:https://www.fxstreet.com/cryptocurrencies

Today's " word of the day" #$BTC $ETH $BNB