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Trump’s Crypto Policies Ignite Market Frenzy—Bullish Signals Everywhere

Trump’s Crypto Policies Ignite Market Frenzy—Bullish Signals Everywhere

Author:
CoinTurk
Published:
2025-04-30 05:02:27
14
1

Trump Spurs Cryptocurrency Market Activity with Dynamic Policies!

Former President Trump’s latest regulatory pivot sends Bitcoin soaring 12% in 24 hours as traders bet on pro-crypto reforms. Institutional money floods into ETH futures, with open interest hitting $8B ATH.

Key moves: Treasury hints at lighter KYC rules, SEC delays ETF decision (again), and Wyoming passes a Bitcoin mining tax break. "This is 2017-level euphoria with 2025 liquidity," says Galaxy Digital’s Mike Novogratz.

Meanwhile, Goldman quietly accumulates BTC calls—because nothing says ’hedge against chaos’ like betting on Trump-era volatility. The orange wave meets the orange coin.

Price Surges and Political Impacts

Coinciding with Trump’s term, the launch of the TRUMP memecoin initially sparked significant investor interest, leading to a rapid increase in its value. However, this rally was short-lived as market uncertainties led to price declines once more.

The crypto community closely monitored Trump’s crypto-friendly stance. Key developments during this period included a $500 billion investment in artificial intelligence, pardon of the Silk Road founder, a harsh stance on central bank digital currencies (CBDCs), and the formation of a crypto-backed working group. Each of these contributed to positive or negative market reactions.

Trump’s performance of the “Trump dance” at an event marking his 100th day in office received considerable attention on social media, boosting interest in the memecoin. This increased interest quickly reflected in the prices.

Exclusive Dinner Announcement and Market Dynamics

The announcement of a special dinner hosted by Trump caused an unexpected price surge in the market. TRUMP coin appreciated by approximately 60% following the event announcement. However, some groups speculated that the event aimed to manipulate investors, calling for an investigation.

Technical analysis of the coin suggests that the upward trend is not yet over. Experts predict a short-term target range of $25 to $45, with long-term valuations possibly exceeding $60. These predictions are cautiously considered due to market volatility.

A recent 7% decline within 24 hours indicated a price contraction. On-chain data showed active involvement from Trump’s team in token transfers, raising concerns about potential market manipulation.

Maintaining a price above $15 is seen as a critical threshold for sustaining upward momentum. Analysts emphasize that uncertainties may persist in both short and long term. Factors such as US-China trade tensions and global supply chain issues weigh on investors’ risk appetites.

In Trump’s first 100 days, the crypto market exhibited a dynamic yet uncertain landscape. As political developments triggered direct market responses, the speculative nature of memecoins was once again highlighted.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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