- Crypto Wire
- Posts
- Bitcoin Soars as Trump Embraces Digital Currency Boom.
Bitcoin Soars as Trump Embraces Digital Currency Boom.
Ever Wonder Why Bitcoin Prices Fluctuate?

Welcome to Crypto Wire — clear, concise, and crypto-smart.
What we’ll cover today:
💸 Trump’s Surprising Shift to Crypto.
🤔 Ever Wonder Why Bitcoin Prices Fluctuate?
📉 $650M in Liquidations — Is Crypto Crashing?


Bitcoin just rocketed past $80,000, and it’s not just market forces at play.
Once a crypto sceptic, Donald Trump has become one of its most surprising champions.
Here’s why Trump’s new stance could be game-changing for digital currency.
Key Points:
- Trump’s Crypto Venture: Trump recently launched World Liberty Financial, a family-run crypto business, signalling his shift to a pro-crypto stance. 
- Bitcoin Stockpile Proposal: Trump has proposed a national bitcoin stockpile, aiming to establish crypto as a U.S. strategic asset. 
- Contrast with Biden’s Approach: Unlike the Biden administration’s tighter regulations, Trump’s support could mean a friendlier crypto policy landscape. 
Trump’s influence is already sparking enthusiasm, with Bitcoin soaring and Dogecoin—Elon Musk’s favourite—also rising.
| What’s Your Take on Bitcoin’s Surge and Trump’s Crypto Pivot? | 

What Makes Bitcoin Prices Swing Wildly? It's Not Just Math, It's Emotions!
The Crypto Fear and Greed Index serves as your guide to the market's mood.
- Created by Alternative.me in 2018. 
- Measures market sentiment on a 0-100 scale. - 0 reflects extreme fear. 
- 100 indicates unchecked greed. 
 
- Updates daily, analysing data from market volatility to Twitter trends, providing insights into the emotional currents that drive Bitcoin prices. 
Why pay attention?
- Identify optimal moments to buy low or exercise caution. 
Consider this:
- The index is a starting point. 
- Enhancing it with other analytical tools can refine your trading decisions. 
Bitcoin hit a record high of $81,858, and Ethereum broke $3,200.
Both assets are now in the “overbought” zone, triggering high volatility.
Key points:
- $650 million in liquidations occurred, mostly on Binance. 
- Liquidations included $366 million in longs and $284 million in shorts. 
- Bitcoin alone saw $122.1 million in liquidations, with $37.5 million in longs and $84.6 million in shorts. 
- Ethereum had $91.2 million in liquidations, with $56.7 million in longs and $34.5 million in shorts. 
With Bitcoin and Ethereum’s momentum still climbing, experts have mixed views:
- Some say the rally has more room to grow. 
- Others warn that the market could be “overheating,” signalling a potential dip. 
| What do you think about today’s edition? | 

Disclaimer:
This newsletter is for educational purposes and not intended as financial advice. Make your own investment decisions based on thorough research. Stay informed and cautious in the ever-changing crypto market.
Was this forwarded to you? Sign up here.
Crypto Wire News.
Signing off