Trump’s Tsar Crypto issues a surprise prediction while the price of bitcoin suddenly rises
The prices of bitcoin and cryptography await the next catalyst after mounting in May (although Apple could have created it quietly).
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Bitcoin’s price has jumped almost 30% since it came across April and $ 100,000 per Bitcoin while the market accumulates for a Wall Street earthquake of 10 billions of dollars.
Now, as the “major” warnings from the US dollar start bitcoin for a “geopolitical fragmentation of fragmentation”, the shock of US President Donald Trump, David Sacks, predicted a “Trump boom”.
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The Tsar David Sacks of the President of American President Donald Trump predicted a “boom” from Bitcoin and Crypto as … More
“We have ended the war against crypto, and I think we are trying to stop the regulatory capture that benefits major holders,” said Paypal Sack Everything in the podcast.
“I think it prepares us for a Trump boom in the future,” said Sacks, pointing to “other things that have also been done on the economy”, and predicted that “many of these changes take time to play”.
Last week, the federal reserve discreetly returned the rules of the Biden era which prevented Wall Street from fully adopting the crypto, while the Trump administration is rapid legislation on the monitoring of stables which should reclassle the global financial system.
The bitcoin and cryptography market has lost steam since the inauguration of Trump, the Bitcoin price has dropped its highest in January by nearly $ 110,000 by Bitcoin, falling with the stock market while the Trump administration was embarking on a world trade war.
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The Bitcoin price exploded in the past year, recovering from a decline after the American president … More
However, the price of bitcoin, which somewhat supported the wider cryptography market, has resisted better than many people, helped by growing fears that swirl around the future of the US dollar and the reputation of Bitcoin as “digital gold”.
“This risky renewed mood opens the field for Bitcoin to take place at $ 100,000,” said Matt Mena, crypto research strategist, at 21Shares, in the comments sent by e-mail.
“The level of $ 95,000 had been a key resistance area in recent weeks, and once Bitcoin has erased it with a strong volume, Momentum quickly accelerated. Actions pushing higher expectations and the increase in liquidity, Bitcoin behaves like a high beta macro asset – particularly linked to the appetite of investors for risks and reflation exchanges. ”.
Other Bitcoin and Crypto investors have applauded the latest bitcoin price, encouraging them to double their bitcoin price forecasts.
“I would certainly not be surprised [to see bitcoin reach] $ 200,000, or $ 250,000 this year, “said Joe Burnett, UNCHAINED market research director, during an X broadcast.
“If the price takes place soon and breaks a new record of all time, I think things could get really crazy, [and] In fact, going parabolic … All the stories are defined, the macro conditions are excellent. »»
