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Tony123

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#OrderTypes101 #OrderTypes101 📈 Market Order What does it do? Buys or sells at the current market price. ✔️Advantage: Executes quickly. ✖️Disadvantage: The price may vary while executing (slippage). ⁉️When to use it? When you want to enter or exit the market immediately. 💡🔹 Example: You see that the price of Bitcoin is rising sharply and you want to enter right away. You use a market order.
#OrderTypes101 #OrderTypes101
📈 Market Order
What does it do? Buys or sells at the current market price.
✔️Advantage: Executes quickly.
✖️Disadvantage: The price may vary while executing (slippage).
⁉️When to use it? When you want to enter or exit the market immediately.
💡🔹 Example: You see that the price of Bitcoin is rising sharply and you want to enter right away. You use a market order.
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#CEXvsDEX101 CEXvsDEX101 A CEX (centralized exchange) like Binance or Coinbase acts as an intermediary in transactions, offering high liquidity, speed, and user support. However, it requires identity verification (KYC) and holds your funds, which entails certain security risks. A DEX (decentralized exchange) like Uniswap or PancakeSwap allows direct trading between users through smart contracts. It does not require KYC and you control your funds, but it may have less liquidity, more complex interfaces, and higher fees on some networks. Both have advantages and disadvantages, and the choice depends on your security, privacy, and experience needs. In the world of cryptocurrencies, there are two main paths to exchange assets: CEX (centralized exchanges) and DEX (decentralized exchanges). CEXs are ideal for those seeking convenience, customer support, and high liquidity. However, they involve less control over funds and require identity verification. On the other hand, DEXs promote the crypto philosophy of decentralization: there are no intermediaries, you control your assets and your privacy. But this demands greater technical knowledge. 🔍 The choice depends on your priorities: Are you looking for ease and speed? Go with CEX. Do you prefer sovereignty and privacy? Choose DEX.
#CEXvsDEX101 CEXvsDEX101 A CEX (centralized exchange) like Binance or Coinbase acts as an intermediary in transactions, offering high liquidity, speed, and user support. However, it requires identity verification (KYC) and holds your funds, which entails certain security risks.
A DEX (decentralized exchange) like Uniswap or PancakeSwap allows direct trading between users through smart contracts. It does not require KYC and you control your funds, but it may have less liquidity, more complex interfaces, and higher fees on some networks.
Both have advantages and disadvantages, and the choice depends on your security, privacy, and experience needs.
In the world of cryptocurrencies, there are two main paths to exchange assets: CEX (centralized exchanges) and DEX (decentralized exchanges).
CEXs are ideal for those seeking convenience, customer support, and high liquidity. However, they involve less control over funds and require identity verification.
On the other hand, DEXs promote the crypto philosophy of decentralization: there are no intermediaries, you control your assets and your privacy. But this demands greater technical knowledge.
🔍 The choice depends on your priorities:
Are you looking for ease and speed? Go with CEX.
Do you prefer sovereignty and privacy? Choose DEX.
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#TradingTypes101 Types of Trading Spot Trading: requires the total capital upfront to purchase the asset. Futures Trading: requires less initial capital due to leverage, which allows controlling larger positions with smaller investments.
#TradingTypes101 Types of Trading
Spot Trading: requires the total capital upfront to purchase the asset.
Futures Trading: requires less initial capital due to leverage, which allows controlling larger positions with smaller investments.
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#AirdropStepByStep Step-by-Step Airdrop Guides  Claiming an airdrop is not always straightforward. Some require social tasks, others ask for interactions on testnet or multi-step missions. Use #AirdropStepByStep to guide others through an airdrop you have completed from start to finish. 💬 Your post can include: · A brief introduction to the airdrop/project (What is it about?) · Required tasks to qualify (e.g., connect wallet, testnet, missions) · Step-by-step guide of what you did · Tips or warnings (e.g., “you will need ETH on testnet” or “the gas was high”) · What you received or expect to receive 💡 Tip: Use screenshots or screen recordings to help illustrate your personal process! 🚫 Reminder: Keep the links in Square, external links are not allowed. 👉 Post with #AirdropStepByStep , share your ideas to earn Binance Points and complete the 3 topics of the campaign to qualify for the shared reward pool of 1 BNB! (Press the "+" on the home page of the App and click on Task Center)  Complete campaign details here.
#AirdropStepByStep Step-by-Step Airdrop Guides 
Claiming an airdrop is not always straightforward. Some require social tasks, others ask for interactions on testnet or multi-step missions. Use #AirdropStepByStep to guide others through an airdrop you have completed from start to finish.
💬 Your post can include:
· A brief introduction to the airdrop/project (What is it about?)
· Required tasks to qualify (e.g., connect wallet, testnet, missions)
· Step-by-step guide of what you did
· Tips or warnings (e.g., “you will need ETH on testnet” or “the gas was high”)
· What you received or expect to receive
💡 Tip: Use screenshots or screen recordings to help illustrate your personal process!
🚫 Reminder: Keep the links in Square, external links are not allowed.
👉 Post with #AirdropStepByStep , share your ideas to earn Binance Points and complete the 3 topics of the campaign to qualify for the shared reward pool of 1 BNB!
(Press the "+" on the home page of the App and click on Task Center) 
Complete campaign details here.
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#ArizonaBTCReserve Arizona has approved the Strategic Bitcoin Reserve Act, authorizing the state's Treasury and pension funds to allocate up to 10% of available funds in Bitcoin and other digital assets. If signed into law, Arizona would become the first U.S. state to legally invest public funds in Bitcoin. 💬 What is your opinion on states holding Bitcoin? Could this set a precedent for others to follow? Share your thoughts! #AbuDhabiStablecoin ADQ of Abu Dhabi, IHC, and First Abu Dhabi Bank are launching a stablecoin backed by dirhams, fully regulated by the Central Bank of the UAE. This move is part of a broader national strategy to accelerate the growth of the digital asset economy in the region. 💬 How do you see government-backed stablecoins shaping the future of cryptocurrencies and global payments? Share your opinions! 👉 Create a post with the #ArizonaBTCReserve , #AbuDhabiStablecoin or the $BTC cashtag to earn Binance points! Alternatively, share your trader profile and your outlook. (Press the “+” on the App home page and click on Task Center) Activity period: 2025-04-29 06:00 (UTC) to 2025-04-30 06:00 (UTC) Point rewards are on a first-come, first-served basis, so be sure to claim your points daily!
#ArizonaBTCReserve Arizona has approved the Strategic Bitcoin Reserve Act, authorizing the state's Treasury and pension funds to allocate up to 10% of available funds in Bitcoin and other digital assets. If signed into law, Arizona would become the first U.S. state to legally invest public funds in Bitcoin.
💬 What is your opinion on states holding Bitcoin? Could this set a precedent for others to follow? Share your thoughts!

#AbuDhabiStablecoin
ADQ of Abu Dhabi, IHC, and First Abu Dhabi Bank are launching a stablecoin backed by dirhams, fully regulated by the Central Bank of the UAE. This move is part of a broader national strategy to accelerate the growth of the digital asset economy in the region.
💬 How do you see government-backed stablecoins shaping the future of cryptocurrencies and global payments? Share your opinions!

👉 Create a post with the #ArizonaBTCReserve , #AbuDhabiStablecoin or the $BTC cashtag to earn Binance points! Alternatively, share your trader profile and your outlook.
(Press the “+” on the App home page and click on Task Center)
Activity period: 2025-04-29 06:00 (UTC) to 2025-04-30 06:00 (UTC)
Point rewards are on a first-come, first-served basis, so be sure to claim your points daily!
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#TrumpTaxCuts The recent statements by President Trump regarding tax reduction will significantly impact the economy. This measure will not go unnoticed by the cryptocurrency market, as capital tends to move towards lower-risk environments in times of uncertainty. Although fluctuations will be noticeable, with considerable falls and rises, markets will remain active. Major cryptocurrencies like Bitcoin and Ethereum, as well as some stable altcoins, could become safe havens for investors looking to protect their capital. These dynamics reflect a constant adaptation trend to fiscal and economic changes. What do you think about this scenario?
#TrumpTaxCuts The recent statements by President Trump regarding tax reduction will significantly impact the economy. This measure will not go unnoticed by the cryptocurrency market, as capital tends to move towards lower-risk environments in times of uncertainty. Although fluctuations will be noticeable, with considerable falls and rises, markets will remain active. Major cryptocurrencies like Bitcoin and Ethereum, as well as some stable altcoins, could become safe havens for investors looking to protect their capital. These dynamics reflect a constant adaptation trend to fiscal and economic changes. What do you think about this scenario?
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#AirdropFinderGuide AirdropFinderGuide "A Guide to Finding Airdrops" was my main source for searching for hidden crypto gems for free. Airdrops are like a free lottery ticket, and if you are lucky and have a plan, they can be very valuable to you. I have received tokens before they hit the exchanges and have seen their prices soar. However, be careful, because not all airdrops are real airdrops. Scammers often use them to collect personal information or to trick users into paying "gas fees" to receive a worthless token. My method is to follow legitimate platforms, Telegram groups, or Twitter accounts that conduct due diligence on projects.
#AirdropFinderGuide AirdropFinderGuide "A Guide to Finding Airdrops" was my main source for searching for hidden crypto gems for free. Airdrops are like a free lottery ticket, and if you are lucky and have a plan, they can be very valuable to you. I have received tokens before they hit the exchanges and have seen their prices soar. However, be careful, because not all airdrops are real airdrops. Scammers often use them to collect personal information or to trick users into paying "gas fees" to receive a worthless token.
My method is to follow legitimate platforms, Telegram groups, or Twitter accounts that conduct due diligence on projects.
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#XRPETFs XRPETFs U.S. Securities and Exchange Commission (SEC) approves ProShares to launch three XRP futures ETFs on April 30, 2025. These include the UltraShort XRP ETF, the Ultra XRP ETF, and the Short XRP ETF, offering investors leveraged exposure to XRP price movements. This approval follows the earlier launch of Teucrium's 2x Long Daily XRP ETF on April 8, marking significant milestones for XRP-based investment products in
#XRPETFs XRPETFs U.S. Securities and Exchange Commission (SEC) approves ProShares to launch three XRP futures ETFs on April 30, 2025. These include the UltraShort XRP ETF, the Ultra XRP ETF, and the Short XRP ETF, offering investors leveraged exposure to XRP price movements. This approval follows the earlier launch of Teucrium's 2x Long Daily XRP ETF on April 8, marking significant milestones for XRP-based investment products in
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#TariffPause #TariffPause The President of the United States, this Friday, April 25, explained that he sees it as very unlikely to impose a new tariff pause once the 90-day pause announced on April 9 concludes. He also denied eliminating tariffs on China because he wants something substantial. Trump stated that he wants a substantial agreement with China, among the measures he considers substantial he declared to free China, you know, let us in and work in China, because frankly, that is what we wanted last time, we almost achieved it and then it didn't happen, he declared during a flight to Rome from Air Force One. #Write2Earn #BinanceSquareFamily Image taken from the internet
#TariffPause #TariffPause
The President of the United States, this Friday, April 25, explained that he sees it as very unlikely to impose a new tariff pause once the 90-day pause announced on April 9 concludes. He also denied eliminating tariffs on China because he wants something substantial.
Trump stated that he wants a substantial agreement with China, among the measures he considers substantial he declared to free China, you know, let us in and work in China, because frankly, that is what we wanted last time, we almost achieved it and then it didn't happen, he declared during a flight to Rome from Air Force One.
#Write2Earn #BinanceSquareFamily
Image taken from the internet
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#TariffPause Trump Reveals Contact with Chinese Government Representative and Announces Imminent Trade Agreement, Donald Trump revealed that he received a phone call from the Chinese Government and expects a trade agreement with China in the coming weeks. In an interview with Time, Trump stated that the agreement, focused on tariffs, could be finalized in three to four weeks, based on previous negotiations. However, the Chinese government denied the accusations, stating that there are no ongoing negotiations. Trump also addressed other issues, including the war in Ukraine and his proposals for Crimea and negotiations with Iran. These statements mark an attempt by Trump to resume his active foreign policy and resolve trade disputes, creating expectations of new developments in the coming days.
#TariffPause Trump Reveals Contact with Chinese Government Representative and Announces Imminent Trade Agreement, Donald Trump revealed that he received a phone call from the Chinese Government and expects a trade agreement with China in the coming weeks. In an interview with Time, Trump stated that the agreement, focused on tariffs, could be finalized in three to four weeks, based on previous negotiations. However, the Chinese government denied the accusations, stating that there are no ongoing negotiations. Trump also addressed other issues, including the war in Ukraine and his proposals for Crimea and negotiations with Iran. These statements mark an attempt by Trump to resume his active foreign policy and resolve trade disputes, creating expectations of new developments in the coming days.
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#TariffPause China exempts key U.S. products from tariffs as trade negotiations resume. China has begun to exempt certain U.S. imports from the high 125% tariffs in a move that could mark a shift in the trade relationship between the two powers. According to trade sources, the Chinese government has discreetly asked domestic companies to identify essential goods they wish to be excluded from these taxes, suggesting a possible easing in tariff policy. This change comes amid renewed trade negotiations between China and the United States, where both sides seek to reduce economic tensions that have affected global trade in recent years. China's decision to alleviate some tariffs could be a sign that Beijing is willing to find points of agreement with Washington to stabilize trade exchange. Among the products that could benefit from this exemption are technology components, agricultural products, and certain industrial goods, which have been fundamental in the trade relationship between the two countries. The measure could also help mitigate the impact of the trade war on key sectors of the Chinese economy, which have faced difficulties due to restrictions imposed by the U.S. Analysts point out that this strategy by China may be motivated by the need to strengthen its domestic economy, which has shown signs of slowing down in recent months. As talks progress, financial markets are attentive to possible announcements regarding broader trade agreements that could influence global economic stability. If this trend of reducing tariffs continues, we could see a positive impact on international trade and the relationship between the two nations. #TariffPause
#TariffPause China exempts key U.S. products from tariffs as trade negotiations resume.
China has begun to exempt certain U.S. imports from the high 125% tariffs in a move that could mark a shift in the trade relationship between the two powers. According to trade sources, the Chinese government has discreetly asked domestic companies to identify essential goods they wish to be excluded from these taxes, suggesting a possible easing in tariff policy.
This change comes amid renewed trade negotiations between China and the United States, where both sides seek to reduce economic tensions that have affected global trade in recent years. China's decision to alleviate some tariffs could be a sign that Beijing is willing to find points of agreement with Washington to stabilize trade exchange.
Among the products that could benefit from this exemption are technology components, agricultural products, and certain industrial goods, which have been fundamental in the trade relationship between the two countries. The measure could also help mitigate the impact of the trade war on key sectors of the Chinese economy, which have faced difficulties due to restrictions imposed by the U.S.
Analysts point out that this strategy by China may be motivated by the need to strengthen its domestic economy, which has shown signs of slowing down in recent months.
As talks progress, financial markets are attentive to possible announcements regarding broader trade agreements that could influence global economic stability. If this trend of reducing tariffs continues, we could see a positive impact on international trade and the relationship between the two nations.
#TariffPause
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#$ETH I feel like the graphics are waiting for me to enter and take me to liquidity. #BTC #ETH
#$ETH I feel like the graphics are waiting for me to enter and take me to liquidity.
#BTC #ETH
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$ETH promises to transform the digital economy through smart contracts and decentralized finance (DeFi). As Ethereum evolves towards Ethereum 2.0, the network becomes more scalable, secure, and sustainable thanks to proof of stake (PoS). This advancement not only reduces energy consumption but also encourages user participation in transaction validation. The growth of the ecosystem drives innovations in NFTs, DAOs, and decentralized applications (dApps), consolidating Ethereum as the backbone of the new financial internet. With a vibrant community and ongoing development, the future of Ethereum is bright, disruptive, and decentralized. #EthereumFuture
$ETH promises to transform the digital economy through smart contracts and decentralized finance (DeFi). As Ethereum evolves towards Ethereum 2.0, the network becomes more scalable, secure, and sustainable thanks to proof of stake (PoS). This advancement not only reduces energy consumption but also encourages user participation in transaction validation. The growth of the ecosystem drives innovations in NFTs, DAOs, and decentralized applications (dApps), consolidating Ethereum as the backbone of the new financial internet. With a vibrant community and ongoing development, the future of Ethereum is bright, disruptive, and decentralized. #EthereumFuture
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#EthereumFuture promises to transform the digital economy through smart contracts and decentralized finance (DeFi). As Ethereum evolves towards Ethereum 2.0, the network becomes more scalable, secure, and sustainable thanks to proof of stake (PoS). This advancement not only reduces energy consumption but also encourages user participation in transaction validation. The growth of the ecosystem drives innovations in NFTs, DAOs, and decentralized applications (dApps), consolidating Ethereum as the backbone of the new financial internet. With a vibrant community and continuous development, the future of Ethereum is bright, disruptive, and decentralized. #EthereumFuture
#EthereumFuture promises to transform the digital economy through smart contracts and decentralized finance (DeFi). As Ethereum evolves towards Ethereum 2.0, the network becomes more scalable, secure, and sustainable thanks to proof of stake (PoS). This advancement not only reduces energy consumption but also encourages user participation in transaction validation. The growth of the ecosystem drives innovations in NFTs, DAOs, and decentralized applications (dApps), consolidating Ethereum as the backbone of the new financial internet. With a vibrant community and continuous development, the future of Ethereum is bright, disruptive, and decentralized. #EthereumFuture
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#dinnerwithtrump The next event of Donald Trump with the holders of memecoins has generated great anticipation. The dinner is expected to be a unique meeting point, where the former president will share his vision on the future of cryptocurrencies and their impact on the economy. The memecoin community, known for its vibrant and often irreverent nature, sees this event as a validation of its growing influence in the financial world. The dinner promises to be a mix of politics, technology, and internet culture, reflecting the ever-evolving digital landscape. The event is expected to generate significant debate on the role of cryptocurrencies in modern society.🚨😂
#dinnerwithtrump The next event of Donald Trump with the holders of memecoins has generated great anticipation. The dinner is expected to be a unique meeting point, where the former president will share his vision on the future of cryptocurrencies and their impact on the economy.
The memecoin community, known for its vibrant and often irreverent nature, sees this event as a validation of its growing influence in the financial world. The dinner promises to be a mix of politics, technology, and internet culture, reflecting the ever-evolving digital landscape. The event is expected to generate significant debate on the role of cryptocurrencies in modern society.🚨😂
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#BTCvsMarkets continues to demonstrate its power against traditional volatile markets. While stocks and commodities fluctuate due to geopolitical tensions and macroeconomic reports, BTC maintains its role as a decentralized store of value. In 2025, new DeFi algorithms have optimized staking and liquidity, allowing holders to secure competitive returns without giving up self-custody. Analysts predict that, in light of an upcoming correction in the indices, Bitcoin could surpass historical levels of USD 80,000, becoming the perfect refuge for diversified portfolios. Are you ready to protect your capital with the strength of the leading cryptocurrency? Discuss with the Binance community. 🔒🌐💹
#BTCvsMarkets continues to demonstrate its power against traditional volatile markets. While stocks and commodities fluctuate due to geopolitical tensions and macroeconomic reports, BTC maintains its role as a decentralized store of value. In 2025, new DeFi algorithms have optimized staking and liquidity, allowing holders to secure competitive returns without giving up self-custody. Analysts predict that, in light of an upcoming correction in the indices, Bitcoin could surpass historical levels of USD 80,000, becoming the perfect refuge for diversified portfolios. Are you ready to protect your capital with the strength of the leading cryptocurrency? Discuss with the Binance community. 🔒🌐💹
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#dinnerwithtrump Will $TRUMP make us millionaires or is it exhausted? The meme coin $TRUMP has once again captured attention. Following President Trump's announcement of a private dinner for the top 220 holders, the token price skyrocketed nearly 50% in a single day, reaching $14.70, the highest since March. Launched in January 2025, $TRUMP quickly surged to a peak of $75, with a market capitalization of $29 billion. However, it then fell to around $8, raising concerns about its sustainability. Currently, the coin is trading at approximately $14.70, with a market capitalization of $2.6 billion, ranking 37th among the largest cryptocurrencies. Analysts offer optimistic forecasts: CoinCodex predicts an average price of $133.19 in 2025, with potential peaks of $234.64. However, ownership of the coin is highly concentrated, with 80% of the tokens controlled by entities affiliated with Trump, raising risks of price manipulation. While TRUMP has the potential to generate significant returns, it is essential to recognize the volatility and speculative nature of meme coins. Investors should exercise caution and conduct thorough research before investing. #dinnerwithtrump TRUMP 11.65 +24.33%
#dinnerwithtrump Will $TRUMP make us millionaires or is it exhausted?
The meme coin $TRUMP has once again captured attention. Following President Trump's announcement of a private dinner for the top 220 holders, the token price skyrocketed nearly 50% in a single day, reaching $14.70, the highest since March.
Launched in January 2025, $TRUMP quickly surged to a peak of $75, with a market capitalization of $29 billion. However, it then fell to around $8, raising concerns about its sustainability. Currently, the coin is trading at approximately $14.70, with a market capitalization of $2.6 billion, ranking 37th among the largest cryptocurrencies.
Analysts offer optimistic forecasts: CoinCodex predicts an average price of $133.19 in 2025, with potential peaks of $234.64. However, ownership of the coin is highly concentrated, with 80% of the tokens controlled by entities affiliated with Trump, raising risks of price manipulation.
While TRUMP has the potential to generate significant returns, it is essential to recognize the volatility and speculative nature of meme coins. Investors should exercise caution and conduct thorough research before investing.
#dinnerwithtrump
TRUMP
11.65
+24.33%
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#MarketRebound WHY ARE MARKETS RISING? Cryptocurrency markets are experiencing a remarkable rebound in April 2025, driven by a combination of political, economic, and technological factors. Below are the main reasons behind this surge: ⸻ 🏛️ Pro-crypto policies in the U.S. The re-election of Donald Trump has marked a significant shift in U.S. policy towards cryptocurrencies. In March 2025, Trump signed an executive order to establish a Strategic Bitcoin Reserve, using assets seized by the Treasury. This move positions the U.S. as a key player in the crypto space and has been interpreted as a sign of institutional support for the sector.  Additionally, the appointment of Paul Atkins, a cryptocurrency advocate, as chairman of the SEC suggests a more favorable and clear regulation for digital assets. 
#MarketRebound WHY ARE MARKETS RISING?
Cryptocurrency markets are experiencing a remarkable rebound in April 2025, driven by a combination of political, economic, and technological factors. Below are the main reasons behind this surge:

🏛️ Pro-crypto policies in the U.S.
The re-election of Donald Trump has marked a significant shift in U.S. policy towards cryptocurrencies. In March 2025, Trump signed an executive order to establish a Strategic Bitcoin Reserve, using assets seized by the Treasury. This move positions the U.S. as a key player in the crypto space and has been interpreted as a sign of institutional support for the sector. 
Additionally, the appointment of Paul Atkins, a cryptocurrency advocate, as chairman of the SEC suggests a more favorable and clear regulation for digital assets. 
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#SaylorBTCPurchase Michael Saylor strikes back: MicroStrategy buys 6,556 BTC for $555.8 million. That's not an investment… that's a declaration of war against the fiat system. With this purchase, the company now controls 538,200 BTC. Yes, you read that right: more than 2.5% of the total Bitcoin supply. While banks print money and inflation erodes global purchasing power, Saylor bets on the only asset with a limited supply, decentralized and censorship-resistant. It's not just about accumulating… it's about leading the way to a new financial standard. "Fiat is a debt that devalues. Bitcoin is incorruptible digital property." – M. Saylor Are you accumulating satoshis or waiting for it to be told in the history books?
#SaylorBTCPurchase Michael Saylor strikes back: MicroStrategy buys 6,556 BTC for $555.8 million.
That's not an investment… that's a declaration of war against the fiat system.
With this purchase, the company now controls 538,200 BTC. Yes, you read that right: more than 2.5% of the total Bitcoin supply.
While banks print money and inflation erodes global purchasing power, Saylor bets on the only asset with a limited supply, decentralized and censorship-resistant.
It's not just about accumulating… it's about leading the way to a new financial standard.
"Fiat is a debt that devalues. Bitcoin is incorruptible digital property." – M. Saylor
Are you accumulating satoshis or waiting for it to be told in the history books?
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#BTCRebound rose more than 3% on Monday as the US dollar plunged to three-year lows, driven by concerns about the independence of the Federal Reserve after President Donald Trump hinted at firing Fed Chairman Jerome Powell. The world's largest cryptocurrency rose 3.2% to $87,518.0 at 8:31 AM (Spanish time), reaching its highest level. BTC 87,076.66 +3.02% The token recovered most of the ground it had lost since Trump's announcement of reciprocal tariffs on April 2. The gains came as the US Dollar Index plummeted to its lowest level since March 2022 amid concerns about political interference in monetary policy. White House economic adviser Kevin Hassett said on Friday that Trump and his team were exploring the legality of firing Powell. "The removal of Powell cannot come fast enough!" Trump wrote in a post on Truth Social while urging the Fed to cut interest rates. When the value of the dollar falls, investors often seek alternative assets to preserve their purchasing power. Bitcoin, like gold, is seen as a hedge against currency devaluation. Notably, gold prices were trading at record highs on Monday. Bitcoin is also widely considered a protection against monetary degradation and political instability. The token found support as confidence in traditional fiat currencies wavered. The cryptocurrency also received support from signals of possible tariff negotiations with major US trading partners, including Japan and China. Trump said last week that "great progress" had been made after a meeting with a Japanese trade delegation in Washington as the two countries began talks aimed at resolving tensions over a wave of US tariffs.
#BTCRebound rose more than 3% on Monday as the US dollar plunged to three-year lows, driven by concerns about the independence of the Federal Reserve after President Donald Trump hinted at firing Fed Chairman Jerome Powell. The world's largest cryptocurrency rose 3.2% to $87,518.0 at 8:31 AM (Spanish time), reaching its highest level.
BTC
87,076.66
+3.02%
The token recovered most of the ground it had lost since Trump's announcement of reciprocal tariffs on April 2.
The gains came as the US Dollar Index plummeted to its lowest level since March 2022 amid concerns about political interference in monetary policy.
White House economic adviser Kevin Hassett said on Friday that Trump and his team were exploring the legality of firing Powell.
"The removal of Powell cannot come fast enough!" Trump wrote in a post on Truth Social while urging the Fed to cut interest rates.
When the value of the dollar falls, investors often seek alternative assets to preserve their purchasing power.
Bitcoin, like gold, is seen as a hedge against currency devaluation. Notably, gold prices were trading at record highs on Monday.
Bitcoin is also widely considered a protection against monetary degradation and political instability. The token found support as confidence in traditional fiat currencies wavered.
The cryptocurrency also received support from signals of possible tariff negotiations with major US trading partners, including Japan and China.
Trump said last week that "great progress" had been made after a meeting with a Japanese trade delegation in Washington as the two countries began talks aimed at resolving tensions over a wave of US tariffs.
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