š President Trump's Recent Cryptocurrency Initiatives š°šŖ
On May 4, 2025, President Donald Trump reiterated his commitment to positioning the United States as a global leader in the cryptocurrency sector, with a particular emphasis on Bitcoin. During a public address, he emphasized the strategic importance of digital assets and outlined several initiatives aimed at bolstering the nation's role in the crypto industry.
Ethereum is consolidating just below the psychological resistance levels of $1,900 to $2,000. This consolidation phase often precedes significant price movements. Given the current technical and on-chain indicators, a bullish breakout is plausible if buying pressure increases. However, the low trading volume suggests that a strong catalyst may be needed to initiate such a move
With institutional investments and technical patterns aligning, both BTC and ETH may experience bullish movements tomorrow. However, investors should remain cautious and monitor market developments closely.
šØ Crypto Market Pulse: May 4, 2025 šØ
Bitcoin (BTC) and Ethereum (ETH) are showing signs of potential bullish momentum for tomorrow, May 5, 2025. Here's what's driving the market:
Price: $2,070 ā trading sideways with weak volume, and whale accumulation is on the rise (now at 75,000 adresses).
Ethereum needs to break through $2,200 for a meaningful move. If it does, expect potential gains to $6,000. If not, itās just another phase of sideways action. Altcoin Chaos: Trump Coin (TRUMP) has been a disaster for retail investors, with the operator unlocking 40 million coins, dumping 500,000 daily. It plunged from $77 to $11.8 in days, with 94% of the supply controlled by just
Countdown to April Tariff Shock ā Will BTC Soar to $110,000 or Plunge?
The world is holding its breath as Trump's "April 2 Liberation Day" approaches, bringing with it a global tariff storm that economists warn is ten times more destructive than the Federal Reserve's moves. If the stock market faces a 10-15% bloodbath, can the crypto market escape? The funds are pouring into gold, U.S. Treasuries, and Bitcoin, but letās not forget, the last tariff shock sent BTC plummeting from $105K to $92K. So, whatās next? A breakout to $110K or a painful crash?
Bitcoin ($BTC ) Update:
Current Price: $87,400 (up 3.63%)
Market Cap: $2.9 trillion, boosted by liquidity from the Federal Reserve and institutional investors.
Support Level: $87,400 is critical ā if this support fails, it could slip to $85,000. If it holds, $90,000 becomes the next target.
Big players like BlackRock are scooping up Bitcoin ETFs, while Metaplanet (the Japanese whale) just grabbed 3,350 BTC. This tells us the big money is positioning, but PCE data could throw a wrench in the works. If inflation data exceeds expectations, the current momentum could fizzle out instantly.
š Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next? Drop your prediction for this week's $BTC closing price in the comments of this post š šThe top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now!Ā *Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC) ā¼ļøEnsure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry. Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod.Ā Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price atĀ 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant.Ā Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub.Ā Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.Ā Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.