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Bitcoin Bulls Charge as Trump Tariff Talks Fuel Rally Hopes

Bitcoin Bulls Charge as Trump Tariff Talks Fuel Rally Hopes

Coindesk
Author:
Coindesk
Release Time:
2025-05-01 06:20:39
0

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

Trump’s tariff deal whispers send traders scrambling—because nothing pumps crypto like geopolitical uncertainty dressed as progress.

Key drivers: Macro traders pivot to BTC as traditional markets yawn at ’progress’ that’ll likely get walked back before lunch.

Technical outlook: BTC/USD coils near all-time highs, with derivatives traders placing bets on either a violent breakout or another ’buy the rumor, sell the news’ fiasco.

Bonus cynicism: Wall Street still can’t decide whether to FOMO into the rally or short it ’for fundamentals’—meanwhile, Bitcoiners stack sats like the apocalypse is always 3 tweets away.

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