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Latest BTCUSD News
Parth Sanghvi
4 days ago
Bitcoin Surges to Seven-Week High on Trump’s Fed and Trade Backtracks
Bitcoin leaped 2.8% on Wednesday to $93,662.90—its highest level since early March—as President Trump eased threats against Fed Chair Jerome Powell and hinted at tariff cuts on China, reviving risk appetite across markets. Bitcoin Price Action High of Day: Topped $94,000 before settling near $93,662.90 (4:53 p.m. ET) Weekly Gain: Up more than 7%, reclaiming seven-week highs Trading Range: Now consolidating within $76,000–$95,000—a breakout above the upper bound could signal the next ...
Parth Sanghvi
5 days ago
Trump Media to Launch ETFs and Crypto Investment Products
Trump Media & Technology Group (TMTG), the parent company of Truth Social, announced a major strategic move on Tuesday—its entry into the financial services and digital assets space. The company has signed a binding agreement to roll out a series of retail investment products, including cryptocurrencies and exchange-traded funds (ETFs) aligned with America First economic policies. What’s in the Works? TMTG’s initiative is part of a preliminary deal with: Crypto.com, a global digital ass...
Parth Sanghvi
6 days ago
Bitcoin Gains as MicroStrategy Injects $556 M, But Jitters Persist
Bitcoin rose modestly on Tuesday amid fresh buying by MicroStrategy (NASDAQ:MSTR) even as broader crypto markets cooled, weighed down by President Trump’s criticism of the Federal Reserve and U.S.–China trade tensions. Market Snapshot Bitcoin: +0.7% to $88,194.90 (01:33 ET / 05:33 GMT) Broader Crypto: Altcoins drifted lower after lagging Bitcoin’s holiday rally MicroStrategy’s $556 M BTC Purchase Acquisition: 6,556 BTC for $555.8 million, funded via equity offerings Total Holdi...
Parth Sanghvi
7 days ago
Brutal Long Liquidations Shake Crypto Markets Over Easter
Over a four‑hour stretch on Sunday, Bitcoin (BTC) saw an unprecedented one‑sided flush as leveraged longs were swept out, highlighting the risks of crowded trades heading into the holiday weekend. Sharp Price Drop and Liquidation Imbalance Price Action: Bitcoin fell from around $85,400 to a low near $83,800 before recovering to $84,453. Long vs. Short: A 13,520% long‑to‑short liquidation imbalance—$9.62 million in long positions wiped out versus $71,000 in shorts. Total Liquidations:...
Parth Sanghvi
Apr 18, 2025
Bitcoin Rises on U.S.–Japan Trade Optimism, Fed Hawkishness Weighed
Bitcoin rose on Thursday as risk sentiment improved on signs that U.S. trade talks with Japan—and potentially China—may ease global uncertainty, even as the Federal Reserve signaled rates could remain high. Price Snapshot (as of 09:20 ET / 13:20 GMT) Bitcoin: +1% to $84,621.0 Intraday low: Near $83,000 on Wednesday Trade Talks Spur Risk Appetite “Big progress” with Japan: President Trump praised early negotiations with a Japanese trade delegation, calling the sessions a precurs...
Parth Sanghvi
Apr 16, 2025
Stablecoin Issuers Set to Transform U.S. Treasury Markets
According to a new research note from Standard Chartered, stablecoin issuers are poised to become a major force in U.S. Treasury markets over the next four years, potentially absorbing as much as $1.6 trillion in T-bills. Key Insights Stablecoin Supply Boom: Today’s stablecoin supply stands at $230 billion. Under the anticipated passage of the GENIUS Act—a U.S. bill designed to clarify stablecoin regulation—supply could surge to $2 trillion by the end of 2028. Impact on U.S. Treas...
Parth Sanghvi
Apr 15, 2025
Bitcoin Rises Amid Tariff Relief Hopes and U.S. Bitcoin Reserve Rumors
Bitcoin edged higher on Tuesday as investors responded to fresh comments from President Donald Trump suggesting a potential pause on auto tariffs. The move added to optimism around softening trade tensions and was further fueled by unconfirmed reports that the U.S. government may use tariff revenues to buy Bitcoin. Bitcoin Climbs on Trade Optimism Bitcoin (BTC) rose 1.1% to $85,478.1 by 02:23 ET. The gains came after a quiet Monday session, as sentiment improved on possible relief from ...
Parth Sanghvi
Apr 10, 2025
Bitcoin Rises 7% on Trump’s Tariff Delay — Gains Trail Equities Amid China Trade Tensions
Bitcoin rebounded on Thursday, rising 7% to $82,146.2 by 01:56 ET (05:56 GMT), tracking a broad rally in global markets after former U.S. President Donald Trump announced a 90-day delay on steep reciprocal tariffs. The relief in risk sentiment, however, was tempered by ongoing U.S.-China trade tensions, with no exemptions granted to China and tariffs rising on both sides. Key Drivers Behind the Bitcoin Rebound Trump’s 90-day pause on tariffs for major U.S. trading partners triggered a r...
Parth Sanghvi
Apr 9, 2025
Bitcoin Nears 6-Month Low as Trump Tariffs Trigger Market Meltdown
Introduction Bitcoin plunged nearly 5% on Wednesday, erasing Tuesday’s rebound and revisiting levels close to its six-month low. The sharp decline coincided with the enforcement of President Donald Trump’s steep reciprocal trade tariffs, triggering a global sell-off in risk assets. Sentiment was further shaken by MicroStrategy’s (NASDAQ:MSTR) report of a staggering $5.91 billion in unrealized Bitcoin losses, heightening market anxiety. Key Highlights Bitcoin Drops 4.9% to $76,098, touch...
Parth Sanghvi
Apr 8, 2025
Bitcoin Rebounds Amid Tariff Fears, But Death Cross Signals Caution
Introduction Bitcoin has rebounded on Tuesday, climbing 3.6% to $79,673.5 by 01:19 ET (05:19 GMT) as traders bought the dip from recent five-month lows. While this recovery mirrors gains in broader financial markets—with Wall Street and several Asian indexes recouping losses—sentiment remains fragile amid ongoing concerns over President Donald Trump’s escalating trade tariffs. Key Takeaways Bitcoin’s Recent Recovery: Bitcoin rose 3.6% on Tuesday and briefly crossed the $80,000 thresh...
