The price of Bitcoin (BTC) increased to the highest level of USD 87,453 at the early hours of the Fresh York trading session, but quickly regained its benefits to USD 83 655 shortly after US President Donald Trump appeared at the top of digital activation in Fresh York.

There were rumors to X before the video statement, which suggests that President Trump announced zero taxes on capital profits from some cryptocurrencies or issues a favorable statement about the strategic Bitcoin reserve in the USA.

To the disappointment of some traders, no rumor turned out to be true, and Trump simply doubled his promise that not sell the bitcoins, which was confiscated by the government, and called the congress to introduce the clear regulations as soon as possible.

President Trump’s most positive statement was his repeated goal, which is the US leader in All Things Crypto.

“Together we will make America the undisputed Bitcoin superpower and the capital of the cryptographic world.”

As it is common for cryptographic markets, traders clearly bought a rumor that Trump would make some statements about the pro-bitcoins executive ordinance, and when it was not like that, they sold in messages.

In post X, Aksel Kibar, chartered market technician, said that there is still a chance to improve the Bitcoins price to 73,700 USD.

Polite he saidIN

“Long -term table for BTC/USD. Still looks like a break from brood $ 73.7 thousand. What is from here will decide on the price of the next few months.”

Not the entire Bitcoin last force is attributed to the emotions associated with today’s statement of Trump. On March 19, BTC reacted positively to the release of Fomc Minutes, and the chairman of the Federal Reserve Jerome Powell confirms that the quantitative Fed tightening regime will reduce its pace, and the possibility of two cuts of interest rates in 2025 remained on the table.

Co -founder of Bitmex, Arthur Hayes, took over the circle of victory in what he described as admitting to the FED that QT would basically end on April 1, but warned that at least 77,000 USD could have been the bottom of Bitcoin prices, the surprise of variability can lead to greater pain in actions and BTC.

Hayes he saidIN

“Delivered Jaypow, QT basically compared to April 1. The next thing we need to cure Realz is either release from SLR or restarting qe. It is 77,000 DNA, probably. But Stonks probably remains more pain to fully transform Jaya into Trump, so stay unclean and fixed.”

Related: Trump says that we will be “bitcoin superpowers” because the price of BTC breaks 4-month decline

According to Cointelegraph, most of the last Bitcoin price actions were caused by operations in the Futures markets, but the re -emergence of BTC Coinbase bonuses may be a sign that the demand for the market returns to the market.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.