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BTCC / BTCC Square / CoindeskEN /
Bitcoin Bulls Charge as Trump Touts Trade Wins—Traders Smell Blood in the Water

Bitcoin Bulls Charge as Trump Touts Trade Wins—Traders Smell Blood in the Water

Author:
CoindeskEN
Published:
2025-05-01 06:20:39
13
1

Bitcoin Traders Eye Breakout to New Highs as Trump Says Tariff Deals Progressing

Crypto markets perk up as political tailwinds blow—because nothing pumps digital assets like geopolitical uncertainty and a side of tariff drama.

Trump’s latest ’progress’ claims on trade deals trigger classic risk-on behavior. Bitcoin flirts with breakout levels while traders place bets like Wall Street degenerates at a blackjack table.

Will this be the catalyst for fresh ATHs? Or just another headfake before the inevitable ’buy the rumor, sell the news’ reversal? Either way—the casino stays open 24/7.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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