šBitcoin Nears $100K as Fed and Trump Spark Crypto Surge
š $BTC is climbing fast ā almost hitting $100,000! The crypto market is on fire, and hereās why itās happening. š¦ The Fed Holds Rates Steady The U.S. Federal Reserve decided not to raise interest rates, and now investors are betting that rate cuts could start after July. Analysts even expect a total of 100 basis points (1%) in cuts during 2025.This is big news because lower rates usually boost risk assets ā like crypto. šŗšø Trump Teases Trade Deal Donald Trump hinted at a new
Could Stagflation Be Good for Bitcoin? Fed Hints at Risk
Key Takeaway: The U.S. Federal Reserve is starting to worry about stagflation ā and that could actually be bullish for Bitcoin. š What Happened? The Fed kept interest rates unchanged but showed concern about rising inflation and unemployment. This mix is known as stagflation, which means slow economic growth + high inflation. $BTC jumped to $96,000, gaining 1.6% in 24 hours. Other cryptos like XRP, AVAX, UNI saw small losses. š” Why This Matters for Bitcoin Stag
šØ Bitcoin Pulls Back from $97K as Geopolitical Tensions Rise, Cardano š Leads Altcoin Rally
š Market volatility is rising as India-Pakistan tensions heat up and U.S.-China trade talks take center stage.
š Key Highlights:
$BTC surged past $97,000, then slipped to $96,500 after India's airstrikes in Pakistan š®š³šµš°.
š”ļø Investors are turning to Bitcoin as a hedge against global uncertainty.
š Cardano ($ADA ) led altcoins with a 3% gain in the past 24 hours.
š¹ Bitcoin Cash ($BCH ) and Litecoin (LTA) soared up to 10%.
š Bitcoin dominance is near 55%, with wallet activity and hash rate both climbing.
š Whatās Moving the Market?
Bitcoinās spike is driven by:
š„ India-Pakistan conflict, especially Indiaās Operation Sindoor
š§¾ Optimism around U.S.-China trade talks šŗšøšØš³
š Caution ahead of the Federal Reserveās interest rate decision
š¬ Nick Ruck, director at LVRG Research, says:
āVolatility is surging, and Bitcoin is showing strength as a hedge against geopolitical and economic risks.ā
š Altcoin Performance:
š¢ ADA leads with a 3% rise
š¶ DOGE, š§ XRP, š§± BNB, and š§ ETH gained under 2%
š BCH and LTC jumped up to 10%
š¼ The CoinDesk 20 Index (CD20) added nearly 2%
Meanwhile, Ethereum (ETH) is still trading in a tighter $1,600ā$1,900 range, with slower momentum compared to Bitcoin. Investors are cautious but gradually rotating capital into altcoins. #TrendingTopic #newscrypto
š„ Trumpās Memecoin Sparks Big Trouble in the Senate! š„
President Trump is in hot water againāthis time over a memecoin! A new crypto coin called $TRUMP has hit the market, and it's causing a political storm.
šļø Whatās Happening?
Democratic Senator Chris Murphy just introduced a new law called the MEME Act. It would ban Trumpāand other top politiciansāfrom promoting any coins tied to their name. Why? Murphy says it's a major conflict of interest.
šÆ Why the Drama?
Critics say Trump is pushing for looser crypto rules while personally benefiting from his own memecoin. Thatās raising eyebrows, with some calling it ācrypto corruption.ā
āļø Even Republicans Are Worried
Not all Republicans are backing Trump on this. Some fear it makes the U.S. look bad if a sitting or former president is making money from crypto while influencing laws about it.
š„ Crypto Bills Put on Hold
Because of this drama, Senate Democrats have pulled back support for other crypto laws, like stablecoin regulations. Theyāre concerned about foreign investors and money-laundering issues connected to Trump-related deals.
š£ļø Warren Speaks Out
Senator Elizabeth Warren says not all crypto is bad. She wants fair rules to protect consumers while still allowing innovation.
𤯠What About the Markets?
All this political tension is shaking things up: $BTC dropped 1.2% $MEME trading jumped 18% as people tried to profit from the chaos
š® Whatās Next?
Expect more Senate hearings soon. Lawmakers might push for new ethical rules to separate politics from crypto. But will the MEME Act actually pass? Time will tell.
š¬ Do you think presidents should be allowed to launch their own crypto coins? Let us know in the comments!