Tags: trump

Crypto traders are patiently waiting for markets to move as the US President takes a swipe at the central bank chair. 

Ahead of a massive token unlock on Thursday, the TRUMP meme coin team withdrew $4.6 million worth of USDC from a liquidity pool.

Retail investors remain focused on momentum while whales accumulate amid macro and market uncertainty.

Last week’s tariff disruptions led to record outflows in digital assets, with Bitcoin suffering the largest losses.

Trump pardoned the BitMEX founders on March 28 and Silk Road founder Ross Ulbricht on January 21. There may be more in store for the crypto sector’s bad boys.

Trump signed a bill overturning the IRS DeFi Broker Rule, halting expanded tax reporting requirements for decentralized crypto platforms.

Donald Trump’s meme coin is approaching its first token unlock, with the project’s team set to receive around 40 million TRUMP next Friday.

China’s tariffs remain in place, however, and have been increased to 125%.

A shift to easing by the Fed could spark a crypto rally, while a hawkish stance may suppress risk assets.

Trump is waiting to hear from China before the tariffs take effect, though negotiations with the country are not being prioritized, other admin officials say.

BTC shot up above $81,000 but retraced almost immediately.