$ETH #TrumpVsPowell Key Issues in the Conflict: 1. Interest Rates Dispute: Trump repeatedly criticized Powell for keeping interest rates "too high," arguing it was hurting the U.S. economy and stock market. 2. Pressure on the Fed: Trump broke from tradition by publicly pressuring the Fed to cut rates and stimulate economic growth—something that compromised the Fed’s image of independence. 3. Fed’s Independence: Powell maintained that the Fed's decisions are based on data, not political pressure, striving to uphold its credibility and long-term economic stability. 4. Dollar Strength: Trump wanted a weaker dollar to boost exports, but the Fed's policies often led to a stronger dollar, frustrating Trump. --- Potential Effects on the Crypto Market: 1. Weakened Confidence in Traditional Financial Systems Public disputes between the executive branch and the Fed can erode trust in fiat monetary policy. This may drive investors toward decentralized assets like Bitcoin and Ethereum as a hedge against political and financial instability. 2. Impact on Interest Rates and Inflation If Powell resists political pressure, higher rates may continue, which can tighten liquidity and suppress crypto prices. If political pressure wins and rates are cut, inflation fears may rise, making crypto—especially Bitcoin—a more attractive inflation hedge. 3. Regulatory Uncertainty Trump’s past policies were generally anti-regulation toward crypto. If Trump returns to office, markets may expect a more pro-crypto stance, potentially boosting prices. Powell, however, has supported regulatory clarity in financial markets, which could create tension if views diverge sharply. 4. Market Volatility Conflicts between key figures like Trump and Powell increase economic and policy uncertainty, which often leads to higher volatility in both traditional and crypto markets.
#TrumpVsPowell $TRUMP Trump's Criticism of the Fed Trump believes there's "essentially no inflation," criticizing the Fed's stance. However, the Fed raised rates in 2022-2023 to combat inflation, which dropped from 9.1% to 2.4%. The Fed even cut rates three times at the end of last year. Uncertainty Over Trump's Tariffs The Fed is keeping rates on hold due to uncertainty over Trump's proposed tariffs, including a 10% tax on all imports and a 145% levy on Chinese imports. Powell stated that tariffs would likely worsen inflation, and the Fed needs greater clarity before making moves. This uncertainty has led the Fed to wait, as Trump's trade policies could significantly impact the economy. With inflation near the 2% target, the Fed's decision hangs in the balance. $TRUMP
#Donald Trump’s steeper-than-expected tariffs have traumatized financial markets and triggered recession fears all over the world. His White House weighed the option of going even bigger. $BTC $SOL
Ultimately, i#investors in stocks, bonds and #currencies were once again left trying to answer the same uneasy question: Is the #US #president truly willing to risk a worldwide recession to rewire global trade?
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Trump Tariffs, Bitcoin, and the Crypto Market: Why the Market Crashed
#Bitcoin❗ and the crypto market were briefly in turmoil in the last few hours after a fresh wave of pessimistic sentiment turned all large-market cap cryptos crimson. This wave of red followed former President #DonaldTrump's announcement of one of the greatest tariff measures in U.S. history.
$TRUMP announced a proposal to slap tariffs on 185 nations during the “Make America Wealthy Again” rally, spooking global financial markets, particularly stocks and digital assets.
Real Tariff Shock: A Poster-Started Chain Reaction Bitcoin fell to $82,277 in the previous 24 hours, trimming the crypto sector by 2%. At the crux of the tempest was Donald Trump's "reciprocal tariffs," which go beyond the 10% the Wall Street Journal reported. Trump reiterated that the tariffs were reciprocal, changing the narrative.
This would imply the U.S. would tax American products at half the rate other nations do. For nations like China, which Trump said charged 67%, the U.S. would impose a 34% duty. The EU suggested a 20% tariff next.
In just 15 minutes, S&P 500 futures lost $2 trillion in market value after the news. The image Trump displayed at 4:26 PM ET shook market sentiment. Just seconds before, S&P futures rose 2%. At 4:42 PM ET, they fell 4%. Interestingly, Nasdaq 100 futures are also expected to fall over 900 points.
Bitcoin responded as quickly as conventional markets. Bitcoin fell sharply alongside tech stocks as risk-off sentiment spread worldwide. The Nasdaq and S&P 500 fall immediately affected digital assets due to the rising link between Bitcoin and U.S. tech shares.
#Tariff Implementation Timeline and Investor Impact Trump said that the 10% baseline tariff would take effect on April 5 and additional retaliatory duties on April 9. Due to USMCA compliance, medicines, semiconductors, copper, and timber are exempt, while Canada and Mexico are exempt from additional duties. Russia was excluded from this tariff round for now.
BREAKING NEWS: President #TRUMP to Unveil New Tariffs at 4 PM EST Today! 🇺🇸⚡
Hold onto your wallets! President Trump has just announced a major round of tariffs that could disrupt global trade and push prices higher across the U.S.
🔹 What’s Happening? Trump is imposing retaliatory tariffs on nations he claims have treated American businesses unfairly. This includes a 25% tax on imported vehicles, as well as increased duties on steel, aluminum, and various everyday products.
🔹 Why Does It Matter? 🚗 Rising Car Prices – Planning to buy a new vehicle? Expect costs to surge, with estimates suggesting an increase of up to $12,500.
🌍 Trade Tensions – Countries affected by these tariffs may retaliate, leading to higher costs on goods like food and electronics.
📈 Inflation Concerns – More expensive imports mean higher consumer prices nationwide.
🔹 Trump’s Perspective 🗣️ Calling today "Liberation Day," Trump argues that the U.S. has been exploited for years and says his tariffs will help bring back manufacturing jobs and strengthen the economy.
🔹 What’s Next? The tariffs could take effect immediately, impacting businesses and consumers alike. Some industries might receive exemptions, but details remain uncertain. Investors are bracing for potential market volatility as the financial world reacts.
🚨 What’s your take? Will these tariffs help the U.S. economy or just drive up costs? Share your thoughts below! ⬇️🔥
Bitcoin price on verge of breaking 10-week downtrend — Is $90K BTC next?
Bitcoin’s (BTC) price is off to a swift start in Q2, rallying by 5.53% to an intraday high of $87,333 on April 2. Currently, Bitcoin is emerging from a ten-week downtrend that began on Jan. 20 when the price peaked at $110,000. A decisive close above the trendline might lead to continued bullish momentum for Bitcoin in the coming days. Bitcoin 1-day chart. Source: Cointelegraph/#tradingview
Bitcoin spot traders drive the rally Throughout March, spot traders on Binance and Coinbase held opposite stances in the market. Binance traders were aggressive BTC sellers, while Coinbase showed significant spot bids around the $80,000 price level. This dynamic contributed to the sideways price action during the majority of March. Fast forward to April, and spot traders on major exchanges have collectively turned bullish over the past three days. Binance, Coinbase spot buyers data. Source: Aggr.trade Data from aggr.trade highlights that Coinbase and Binance spot bids are driving positive action for BTC. The buying pressure is particularly high on Coinbase, with spot bids increasing as high as $7.98 million over the past few hours. Likewise, Dom, a crypto markets analyst, pointed out that Bitcoin’s current rally is possibly due to Binance sellers tapering off. The analyst said, “BTC has been able to breathe ever since the Binance selling tapered off. We are even seeing some spot buying from them for the first time in over a week.” Related: Bitcoin breaks $86K as US tariff 'Liberation Day' risks 11% BTC price dip Bitcoin flips key resistance at $84K to $85K From a technical perspective, Bitcoin has flipped an important resistance range between $84,000 and $85,000 into support. Likewise, the cryptocurrency has attained a bullish position above the 50-day, 100-day and 200-day exponentially moving averages (EMAs). Bitcoin 4-hour chart.
$BTC Always the king, always unassailable! 👑🚀 While altcoins play roller coasters, Bitcoin remains the ultimate reference. 📈🔥 With institutional adoption, the approaching halving, and supply becoming scarcer, all indicators are green. 💡💰 But beware, every pump attracts its share of FOMO buyers, and every dip sends weak hands into a panic. 😅 The hodlers, on the other hand, chill while waiting for the next ATH. 😎⏳ So, BTC to the moon or just a recovery before the explosion? 🤔 One thing is for sure: legends are not sold, they are stacked.
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#Alpha2.0ProjectEvaluation The revaluation of Binance’s Alpha 2.0 project assesses its impact, innovation, and future potential. Initially designed to enhance blockchain efficiency, Alpha 2.0 integrates advanced security protocols and improved transaction speeds. With recent market shifts, its valuation has fluctuated, influenced by user adoption, regulatory developments, and Binance’s broader ecosystem growth. The project’s revaluation considers these factors alongside emerging competition and evolving DeFi trends. Analysts focus on its sustainability, tokenomics, and real-world applications to determine its long-term viability. If adoption increases and strategic upgrades continue, Alpha 2.0 could see significant value appreciation. However, external factors like global regulations and market sentiment remain crucial in shaping its trajectory. Investors should monitor updates for informed decisions.
#BSCTradingTips Mastering BSC Trading: Essential Tips for Success Trading on Binance Smart Chain (BSC) offers fast transactions and low fees, but success requires strategy. Here are key tips to improve your BSC trading game: 1️⃣ Use Limit Orders – Avoid slippage and maximize profits by setting limit orders instead of market buys. 2️⃣ Watch Gas Fees – Although BSC is cheaper than Ethereum, fees vary. Optimize your trades during low network activity. 3️⃣ DYOR (Do Your Own Research) – Always analyze project fundamentals, tokenomics, and liquidity before trading. 4️⃣ Avoid Honeypots & Scams – Check contract audits and use tools like Token Sniffer to detect risks. Stay disciplined, manage risk, and keep learning! W
#NavigatingAlpha2.0 discussing any aspects of trending coins to unlock a share of 3 BNB in token vouchers and earn Binance Points. Your post can include the following: 1. Your experience with Alpha2.0 projects, tips for new users to get started 2. Recent price movements and trends of top performing tokens, price predictions 3. Pros and Cons of using Alpha 2.0 Don’t forget to head to Square task center to claim your points for post creation. (Creator Center > Check-in)