#TrumpTariffs new for goods imported from China, once again shaking the global financial market. Trump proposed tariffs of up to 60%, if he is re-elected, which could worsen the already tense trade relations between the two powers. This potential trade war scenario creates uncertainty in traditional markets, but at the same time may benefit the crypto ecosystem. Historically, during periods of trade and political tension, assets like Bitcoin and other cryptocurrencies serve as alternative safe havens against fiat currency devaluation or stock market volatility.
#TrumpTariffs new for goods imported from China, once again shaking the global financial markets. Trump proposed tariffs of up to 60% if he is re-elected, which could worsen the already tense trade relations between the two powers. This possible trade war scenario creates uncertainty in traditional markets, but at the same time could benefit the crypto ecosystem. Historically, during periods of trade and political tension, assets like Bitcoin and other cryptocurrencies have served as alternative safe havens against the devaluation of fiat currencies or stock market volatility.
$XRP #AltcoinSeasonLoading "Altcoin season loading" is a term used to describe a period when altcoins (cryptocurrencies other than Bitcoin) experience significant price increases and outperform Bitcoin. During altcoin season, investors tend to focus more on altcoins than on Bitcoin, as altcoins have greater potential for price increases. *Characteristics of Altcoin Season:* - *Rise in altcoin prices*: Altcoins experience significant price increases and outperform Bitcoin. - *Increase in trading volume*: Trading volume of altcoins increases, indicating greater investor interest. - *Change in market sentiment*: Market sentiment turns bullish, with investors more confident in altcoins. *Indicators of Altcoin Season:* - *Altcoin Dominance*: An increase in the dominance of altcoins in the crypto market can be an indicator of altcoin season. - *BTC/Altcoin Ratio*: A decrease in the BTC/altcoin ratio can indicate that altcoins are outperforming Bitcoin. - *Trading Volume*: An increase in trading volume of altcoins can be an indicator of greater investor interest. Altcoin season can be an opportunity for investors to gain substantial profits, but it also carries higher risks. Therefore, it is important to conduct independent research and understand the risks before investing in altcoins.
#AltcoinSeasonLoading "Altcoin season loading" is a term used to describe a period when altcoins (cryptocurrencies other than Bitcoin) experience significant price increases and outperform Bitcoin. During the altcoin season, investors tend to focus more on altcoins than on Bitcoin, as altcoins have greater potential for price increases. *Characteristics of Altcoin Season:* - *Increase in altcoin prices*: Altcoins experience significant price increases and outperform Bitcoin. - *Increase in trading volume*: The trading volume of altcoins increases, indicating greater investor interest. - *Change in market sentiment*: Market sentiment shifts to bullish, with investors more confident in altcoins. *Indicators of Altcoin Season:* - *Altcoin Dominance*: An increase in the dominance of altcoins in the crypto market can be an indicator of altcoin season. - *BTC/Altcoin Ratio*: A decrease in the BTC/altcoin ratio can indicate that altcoins are outperforming Bitcoin. - *Trading Volume*: An increase in the trading volume of altcoins can be an indicator of greater investor interest. Altcoin season can be an opportunity for investors to gain significant profits, but it also carries higher risks. Therefore, it is important to conduct independent research and understand the risks before investing in altcoins.
Michael Saylor Confident Bitcoin Can Reach US$150 Thousand, Why?
CEO Strategy Michael Saylor stated that Bitcoin (BTC) will struggle to reach its all-time high of US$150 thousand. This is due to the current decrease in long-term prospect investors.
He is also confused about the behavior of investors today, making it difficult for him to provide a reason. However, he believes that the current surge in Bitcoin's price is a good selling point for short-term investors.
"I think right now we (Bitcoin) are going through a rotation. So I think people who are less committed to the long term have taken the opportunity to exit the market and a new class of investors is entering through ETFs and Bitcoin treasury companies," he said, quoting Coin Stories.
For your information, Bitcoin is currently trading at a value of US$103 thousand with a market capitalization of US$2 trillion.
Our premium signal on $WIF at 0.840 just blasted to 0.866, smashing through Take Profit 1 like a rocket! That’s how we WIN — with precision entries and explosive moves!
Virtuals Soared 45% in One Day, Recovering After Plummeting Hundreds of Percent
Virtuals Protocol (VIRTUAL), an artificial intelligence (AI) agent generator platform, surged by 45.9% in the last 24 hours, bringing its current price to $2.15. This has restored the token's condition after it plummeted by hundreds of percent following the announcement of fees.
It is known that Virtuals had dropped to a level of $0.553833 last week, Sunday (04/20). This event marked its lowest point.
This increase is in line with the rise of the largest crypto asset, Bitcoin (BTC), which is currently valued at $103,000. Therefore, this event has a positive impact on other crypto assets.
Not Financial Advice (NFA). Do Your Own Research (DYOR)
Bitcoin Profit-Taking Action Reaches US$1 Billion, What Does It Indicate?
Bitcoin (BTC) holders are once again realizing very high daily profits, reaching around US$1 billion per day. This surge occurred as the price of Bitcoin approached US$100 thousand on Wednesday (07/05).
According to CryptoQuant analysis, this pattern resembles the final phase of a bull market, where profit-taking dominates even as prices continue to rise.
Onchain data shows that Bitcoin investors, both short-term and long-term, are becoming increasingly aggressive in realizing gains. This phenomenon has also been observed in previous cycles, such as in 2021 and 2024, which often precede sharp corrections or the formation of local price peaks.
Although the market structure has changed with the entry of large institutions through Bitcoin spot *Exchange-Traded Funds* (ETFs) in the US, investor psychological behavior remains the same. Massive profit-taking continues to be a key indicator of potential trend reversals.
Bitcoin Profit-Taking Action Surpasses US$1 Billion, What Does It Signify?
Bitcoin (BTC) holders are once again recording very high daily realized profits, reaching around US$1 billion per day. This surge occurred as Bitcoin's price approached US$100,000 on Wednesday (07/05).
According to CryptoQuant analysis, this pattern resembles the final phase of a bull market, where profit-taking dominates even though prices continue to rise.
On-chain data shows that Bitcoin investors, both short-term and long-term, are becoming increasingly aggressive in realizing profits. This phenomenon has also occurred in previous cycles, such as in 2021 and 2024, which are often followed by sharp corrections or the formation of local price peaks.
Although the market structure has changed with the entry of large institutions through Bitcoin spot Exchange-Traded Funds (ETFs) in the US, investor psychological behavior remains the same. Massive profit-taking actions continue to be a primary indicator of potential trend reversals.
$ETH Ethereum Soars, Its Market Capitalization Surpasses Nestle-Toyota
Ethereum's (ETH) market capitalization rose after its price hovered around the US$2,300 level. Citing data from Companies Market Cap, on Friday (09/05) afternoon, Ethereum ranked 36th as the largest asset in the world, far surpassing platinum, Nestle shares, Samsung, and even Toyota.
Ethereum showed significant growth with a 23.4% increase in the last 24 hours and its market capitalization reached US$291 billion.
Moreover, if the surge continues, it is not impossible for Ethereum to surpass the positions of Alibaba, Coca-Cola, and Bank of America, which are currently sitting above Ethereum.
Interestingly, alongside Ethereum, at the same time, Bitcoin (BTC) as the 5th largest asset in the world also managed to surpass the market values of Amazon, Alphabet (Google), and silver.
$USDC $USDC The phrase "Share your trades to unlock 5000 USDC" sounds like a promotional message, possibly from a cryptocurrency trading platform or app. However, it is important to be cautious—offers like this are often used in scams or phishing attempts. Here are some things to consider before taking action: Verify the Source: Does it come from a legitimate and trusted platform (like Coinbase, Binance, Kraken, etc.)? Check the Fine Print: Promotions are often accompanied by strict conditions—such as needing to trade in large volumes or refer many users. Never Share Personal Information: Avoid giving out your private keys, passwords, or complete trading history unless you are sure it is safe. Look for Official Announcements: Check the company's official website or social media to see if the offer is genuine.
# **Bitcoin Touches US$98 Thousand Again as The Fed Holds Interest Rates**
The price of Bitcoin recorded an increase of more than 2% in the last 24 hours, reaching around US$98,700 after the Federal Reserve (The Fed) decided to keep interest rates in the range of 4.25% to 4.5% for the fourth consecutive time on Thursday (08/05).
Even though President of the United States (US) Donald Trump continues to push for cuts, the central bank remains cautious. In its statement, The Fed emphasized that economic uncertainty is still high, so data will continue to determine the central bank's next steps.
On the other hand, The Fed Chair Jerome Powell asserted that pressure from President Trump will not affect the independence of the institution.
“We will continue to use our tools to maintain price stability and ensure that employment remains optimal,” said Powell.
#StripeStablecoinAccounts Stripe reintroduces payments with cryptocurrency, allowing merchants in the US to accept stablecoins, such as USDC and USDP, through the Ethereum, Solana, and Polygon blockchains. On the first day, more than 70 countries are using this feature, highlighting the global demand for alternative payment methods. Transactions are converted to US dollars and stored in the Stripe wallet with a fee of 1.5% — lower than traditional card processing fees. This move follows Stripe's acquisition of Bridge for 1.1 billion dollars, a stablecoin infrastructure platform, which strengthens its cryptocurrency capabilities. By integrating payments in stablecoins, Stripe aims to offer a faster and more economical solution for global trade.
# **Bitcoin Touches US$98 Thousand Again as The Fed Holds Interest Rates**
The price of Bitcoin recorded an increase of more than 2% in the last 24 hours, reaching around US$98,700 after the Federal Reserve (The Fed) decided to hold interest rates in the range of 4.25% to 4.5% for the fourth consecutive time on Thursday (08/05).
Even though President of the United States (US) Donald Trump continues to urge for cuts, the central bank remains cautious. In its statement, The Fed emphasized that economic uncertainty remains high, so the data will still determine the central bank's next steps.
On the other hand, The Fed Chair Jerome Powell emphasized that pressure from President Trump will not affect the independence of the institution.
“We will continue to use our tools to maintain price stability and ensure that jobs remain optimal,” Powell said.
Buffett's Decision to Step Down Haunts Berkshire Hathaway Shares, -3% in a Week
Berkshire Hathaway CEO Warren Buffett announced his resignation as CEO at the end of this year during the annual meeting in front of 40,000 shareholders on Sunday, (04/05) early morning.
The announcement continues to haunt the company's stock movement, dropping by 3% in a week, according to TradingView, Wednesday (07/05).
This decline marks the important role of Warren Buffett as the top leader of the company since 1970, triggering uncertainty and caution among investors regarding this leadership change.
Nevertheless, Berkshire's market capitalization remains strong at around US$1 trillion, in line with ongoing interest despite the doubts.
Currently, the company's stock price stands at US$512, down 3.7% from US$341 before the announcement was made.
New Hampshire Officially Becomes the First State to Approve Bitcoin Reserves in the US
The state of New Hampshire has approved a bill for Bitcoin (BTC) reserves. This makes it the first strategic Bitcoin reserve pioneer in the area.
With this step, the New Hampshire government can invest 5% of the state treasury to purchase Bitcoin and other crypto digital assets. As a requirement, the government can buy crypto assets with a market capitalization of more than US$500 billion, with only Bitcoin qualifying.
It is known that this bill has been signed by New Hampshire Governor Kelly Ayotte in support of House Bill (HB) 302. She also confirmed her action, indicating that the state will invest in the crypto and precious metals sectors.
“New Hampshire once again leads the nation. Just signed a new law allowing our state (New Hampshire) to invest in cryptocurrency and precious metals,” she wrote on platform X.
This proposal was introduced by Republican politician Rep. Keith Ammon last January. Additionally, the law will take effect 60 days after its enactment.
As a note, it is currently priced at US$96,446 after experiencing a surge that briefly touched US$97,709 in the early hours, according to Trading View.
$TRUMP Crypto Meeting Congress? Senator Chris Murphy has just launched the MEME Act, which aims to BAN politicians & their families from launching or profiting from memecoins like $TRUMP . Meanwhile, CZ is calling for $BTC to reach $1T in this cycle.
#MEMEAct DRAMA MEME-COIN TRUMP MEMICU GELOMBANG DI SENAT! 🚨🔥 🏛️ Legislative Rebellion: Democratic Senator Chris Murphy has introduced the MEME Act to prohibit President Trump (and other high officials) from promoting "presidential coins," including the $TRUMP memecoin—calling it a "conflict of interest." 🎯 Ethical Explosion: Critics argue that Trump's dual role—pushing for crypto deregulation while profiting from his own token—violates the boundaries of being "crypto corruption," triggering calls for tighter oversight. ⚖️ Bipartisan Reaction: Even some Republicans in the Senate feel uncomfortable, worried that an incumbent president profiting from digital assets could undermine trust in U.S. policy. 💥 Stablecoin Stalemate: This feud hampers broader crypto legislation—Democratic Senators have withdrawn support for the stablecoin framework due to foreign investment shortfalls and AML issues related to Trump-related deals.
# **Bitcoin and Gold Strengthen Ahead of The Fed's Decision Early Morning**
Gold and Bitcoin (BTC) both strengthened ahead of the Federal Reserve's (The Fed) interest rate decision amid rising geopolitical tensions and global trade policies.
Spot gold rose 0.7% to US$3,357 per ounce, driven by demand for safe-haven assets due to conflicts in the Middle East, political uncertainty in Europe, and a weakening US dollar. Bitcoin also increased to US$97,709. The Fed is expected to maintain interest rates at 4.25%–4.50% on Thursday (08/05) early morning, with market focus shifting to Jerome Powell's statement for signals of potential policy easing by the end of the year.
On the other hand, gold received additional support from buying actions by central banks and Chinese investors, as well as concerns over inflation risks and a weakening dollar. However, analysts warn of a potential short-term correction to US$2,400 to US$2,450.
Although the long-term trend for Bitcoin remains positive, the current price is in a resistance zone between US$96,000-US$100,000. The support line is at US$92,000, and the upward trend is considered intact as long as this level holds.
For your information, both gold and Bitcoin are currently benefiting from global uncertainty and expectations of looser monetary policy. However, the next movements heavily depend on the direction of The Fed's policy and geopolitical developments.