Tag: donald trump
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Bitcoin’s Path to $95K: Will a Short Squeeze Ignite a Rally?
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Bitcoin climbed 3% following the latest US Consumer Price Index (CPI) data, which came in lower than expected at 3.1% on March 12. The news sparked renewed optimism, pushing BTC above $80,000 after briefly dipping below this range. With traders aggressively shorting Bitcoin between $84,000 and $85,000, a potential short squeeze could trigger further gains,…
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Bitcoin Rebounds to $82,700 as Traders Brace for US Inflation Data
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Bitcoin (BTC) rebounded to $82,700 on Wednesday, recovering 5.52% from recent losses as traders prepared for increased volatility ahead of the US Consumer Price Index (CPI) release. The crypto market, which has been under pressure due to macroeconomic uncertainty, is closely watching inflation data that could influence Federal Reserve (Fed) policy decisions. Bitcoin Recovers from…
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Bitcoin Faces Sharp Decline as Economic Fears Grip Markets
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The cryptocurrency market has suffered a major downturn, with Bitcoin slipping below $80,000 and erasing $1 trillion in market value in just a month. This sharp decline follows broader economic concerns, including rising inflation fears, potential U.S. recession risks, and uncertainty surrounding Federal Reserve interest rate policies. BlackRock CEO Issues Inflation Warning Larry Fink, CEO…
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Crypto Market Plummets as Trump’s Tariffs Trigger Global Sell-Off
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The cryptocurrency market took a severe hit, shedding $300 billion in value after Donald Trump’s new tariffs on China, Mexico, and Canada spooked investors. Bitcoin (BTC) tumbled nearly 10%, while major altcoins like Ethereum (ETH), Solana (SOL), and XRP saw double-digit losses. The sharp downturn erased gains from Monday’s rally, which was fueled by optimism…
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Trump Teases Major Announcement: Crypto World on Edge
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The cryptocurrency industry is abuzz with speculation after U.S. President Donald Trump hinted at a major announcement set for Tuesday night. This comes just a day after he confirmed the creation of a U.S. Crypto Reserve, which will include Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). Trump’s Growing Crypto Influence Since taking…
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Trump’s U.S. Crypto Reserve Snubs Bitcoin and Ethereum
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Former U.S. President Donald Trump has announced the inclusion of XRP, Solana (SOL), and Cardano (ADA) in a proposed U.S. strategic crypto reserve. The move, revealed on his social media platform Truth Social, aims to establish the United States as a global crypto leader. Bitcoin and Ethereum Left Out In a surprising twist, Bitcoin (BTC)…
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Bitcoin Slips into Bear Market with Biggest Monthly Loss Since 2022
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Bitcoin recorded its sharpest monthly drop in nearly two years, falling by 17.5% in February and slipping into a technical bear market. This marks its 11th worst monthly performance in the past decade, as negative sentiment hit global financial markets. The cryptocurrency ended February at $84,252 (£67,010), after touching a three-month low of $78,273 on…
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As the Bulls Eye Breakout, Bitcoin Holds $98K—Will It Rise to $108K?
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Bitcoin managed to hold steady above $98,000 on February 21, marking its strongest daily close in nearly three weeks. The flagship cryptocurrency ended the day at $98,330 on Bitstamp, bringing a much-needed wave of relief to traders who had endured weeks of low volatility. Bitcoin Sees Its Best Daily Close in Weeks Despite trading within…
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Trump’s White House Crypto Summit Set for March 7
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US President Donald Trump will host the first-ever White House Crypto Summit on March 7, bringing together top industry leaders, policymakers, and investors to discuss key issues in the crypto space. The event, chaired by David Sacks, the White House’s AI and Crypto Czar, aims to address regulatory policies, stablecoin oversight, and Bitcoin reserve legislation.…
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Dormant Bitcoin Wallets Stir: $130M in Old BTC Moves in February
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In February 2025, dormant Bitcoin wallets saw renewed activity, moving 1,549.25 BTC—valued at approximately $130.45 million at a per-unit price of $84,202. Blockchain tracker btcparser.com flagged these transfers as part of a measured yet reduced reallocation compared to January, signaling cautious maneuvers amid market volatility. Legacy Wallets Show Mixed Engagement The revived BTC originated from…