|
Getting your Trinity Audio player ready...
|
As Trump stirs economic waters, Bitcoin rides the waves — but is it all just a calculated game?
Recently, the Bitcoin market has been influenced by the American president. RBC reports that fluctuations in Bitcoin’s price continue to coincide with high-profile statements from Donald Trump.
On the night of May 26, BTC rose by 2.5% and once again approached the $110,000 mark. The increase occurred immediately after Trump’s post on Truth Social about delaying tariffs on goods from the European Union.
Three days ago, on May 23, right after announcing a 50% tariff starting June 1, the price of BTC sharply dropped by 2%. This new statement was his first clarification on this measure.
Trump announced that at the request of European Commission President Ursula von der Leyen, the tariffs have been postponed until July 9, 2025. The statement followed a phone conversation between the parties. Von der Leyen noted that negotiations would begin soon.
More infos Here
All of this is happening against the backdrop of record Bitcoin purchases by American Bitcoin ETF funds, which recorded the largest weekly trading volume since the beginning of 2025—$25 billion.
The total net inflow of capital into the funds (the excess of investor inflows over outflows) from May 19 to May 23 amounted to $2.75 billion, one of the largest weekly results since the funds were launched in early 2024.
When new funds arrive, fund managers (BlackRock, Fidelity, and other ETF operators) issue shares of the funds and are required to buy an equivalent amount of Bitcoin to back them.
This creates additional demand in the market. The total assets under management of all active spot Bitcoin ETFs exceed $131.4 billion.
No one doubts anymore that Trump’s team is using insider information, placing the necessary orders in one direction or another ahead of Trump’s statements.
The community is gradually becoming desensitized to Trump’s sharp remarks on economic topics and is coming to understand that these statements influence the markets for a short time and are usually not backed by serious intentions or actions.
In earlier times, insider trading was punished with double-digit sentences, but now, under the new administration, everything seems permissible.
