Blog

Trump’s Fed Outburst failed to jolt Bitcoin price (BTC)

0 0 19 minutes read

Welcome to your Good Friday Edition of Daybook. In the markets on a shortened schedule for the Easter holiday, updating is also shortened. CoinDesk’s Crypto Daybook Americas will return to its regular size on Monday, April 21. Enjoy the holiday!

By Francisco Rodrigues (all time and unless indicated otherwise)

It’s Easter. Traditional markets are closed in many parts of the world and many people rest from work, and also maintain crypto markets. The CoinDesk 20 Index (CD20), a scale of the largest, most active cryptocurrencies, has gained less than 0.1% in the past 24 hours including Bitcoin (Btc) up to 0.1%only.

That is a relatively mute response to calls from President Donald Trump for Removal of Federal Reserve Chair Jerome Powell. Trump criticized Powell in his reluctance to cute interest rates, further adding to economic uncertainty left water to tread Bitcoin and seen Wall Street stacked with gold.

Trump, on his social media platform that is socially reality, Powell said “It’s too late“In lowering interest rates, saying that his” termination cannot come quickly! “The President’s words came after Powell said that the central bank sees unemployment and increase in inflation due to tariffs that Trump imposed on most other countries.

Tit-for-tat increased the uncertainty, to the point that the S&P 500 closed the short trade week up to 0.1%, while the tech-heavy Nasdaq dropped by 0.1%.

“So far, markets have been a highly reactionary to the White House decision making and have prepared to stay that way for the predictable future,” Ira Auerbach, head of the Tandem at the Offchain Labs and former head of digital assets as NASDAQ, told CoinDesk.

“Trump’s pushing for rate cuts amidst tariff -driven dangers could rule the original ‘Bitcoin fence against the explosion of the power of buying power.

So far, the fence against money losses and uncertainty will appear gold. The recent bull run of Precious Metal means, in the last 20 years, it is outperforming the S&P 500. That includes dividends.

For investors in crypto, Signals are mixed -halong. While the macro front uncertainty reigns, under the perspective of Trump management regulation improves and institutions have shown more comfort in space.

“Perhaps it sounds like ‘let the dust live’ as tariff implementations and bilateral negotiations to open,” DYDX Foundation CEO Charles D’Aussy told Coindesk. “The agreed of the participants in the market seems to have signed the action of central banks that have passed the tag.” Stay alert!

What to watch

Crypto:
- April 18: The pepecoin (PEP), a layer-1, proof-of-work blockchain, is subject to it Second divisionReducing block rewards to 15,625 PEP.
- April 20, 11 pm: BNB Chain (BNB) – OPBNB Mainnet Hardfork.
- April 21: Coinbase’s derivatives are List XRP Futures are waiting for the US Commodity Futures Trading Commission (CFTC) approved.
- April 25, 1 PM: US Securities and Exchange Commission (SEC) Crypto Task Force Roundtable to “Basic Considerations for Crypto’s Caution“.
Macro
- April 18, 10 AM: Argentina’s Torcuato Di University has released April Consumer’s confider data.
  - Prev of consumer confidence. 44.1
- April 22, 8:30 pm: Statistics Canada released Mach manufacturer’s price inflation data.
  - PPI Mom Prev. 0.4%
  - Ppi yoy prev. 4.9%
- April 22, 6 pm: Fed Governor Adriana D. Kugler will deliver a speech titled “Financial Policy Delivery.”
We are (Estimates based on factset data)
- April 22: Tesla (Tsla), Post-market
- April 30: Robinhood Markets (Hood), Post-market

Events with the token

Votes and Management Calls
Unlocks
- April 18: Official Trump (Trump) to unlock 20.25% of his circulating -transfer supply worth $ 314.23 million.
- April 18: FastToken (FTN) to unlock 4.65% of his circulating -shifting supply worth $ 84.4 million.
- April 18: Official Melania Meme (Melania) to unlock 6.73% of rotating supply worth $ 10.72 million.
- April 18: Uxlink (Uxlink) to unlock 11.09% of the shifting -shifting supply worth $ 16.52 million.
- April 18: Unable to change (IMX) to unlock 1.37% of the circular supply worth $ 10.03 million.
- April 22: Metars Genesis (MRS) to unlock 11.87% of his circulating -shifting supply worth $ 126.7 million.
- April 30: Optimism (OP) to unlock 1.89% of his circulating -transfer supply worth $ 20.74 million.
- May 1: Sui (SUI) to unlock 2.28% of its circulating -shifted supply worth $ 156.87 million.
- May 1: Zetachain (Zeta) to unlock 5.67% of the circulating -shifted supply worth $ 10.32 million.
Launching a token

Conferences:

Token talk

By Francisco Rodrigues

Memecoin trading Frenzy has not appeared yet. Since the token-launch protocol pump.fun The trading platform was introduced pumpswap In March, the volumes were skyrocket.
According to Artemis dataSolana.fun’s pump finds nearly $ 110 million of trading volume a day before the pumpswap debut. That figure exploded at $ 650 million on April 17, with $ 444 million exchanged pumpswap.
Sun -Taral Volume of the platform transaction now Top 40,000, almost double the numbers seen before the launch of Pumpswap, Dune Data Shut up.
The increased trading volume helped the 24-hour pump.fun of the layer-1 network tron, carrying nearly $ 2 million over the season. The figure is also above platforms such as hyperliquid and aave.
Outside Solana, other networks saw their share of the trading activity. Even the NASDAQ listed in the Exchange Coinbase found itself member who was member in the alleged front-running after Three wallets were purchased Its “base is for all” token before the launch was announced.

Market Movements:

BTC dropped 0.69% from 4 pm et Thursday to $ 84,550 (24hrs: +0.30%)
ETH is up to 0.15% to $ 1,587.85 (24hrs: -0.36%)
CoinDesk 20 climbed 1% to 2,460.30 (24hrs: +0.2%)
Ether CESR Composite Staking Rate drops 15 bps to 2.98%
BTC funding rate is at 0.0069% (7.5927% annual) in Binance

DXY does not change to 99.38
Gold drops 0.54% to $ 3308.8/oz
Silver dropped 1.55% to $ 32.42/oz
Nikkei 225 closed +1.03% to 34,730
Hang Seng +1.61% closed to 21,395
FTSE closed Thursday at 8275.66.
Euro Stoxx 50 dropped 0.63% to 4935.34
DJIA closed on Thursday -1.33% to 39,142
S&P 500 closed +0.13% in 5282.7
NASDAQ Composite closed -0.13% to 16,286.45,
The S&P/TSX composite index is closed +0.36% to 16,286.45
S&P 40 Latin America reached 1.64% to 2,383.75
E-Mini S&P 500 futures dropped 0.13% to 5,312.75
E-Mini Nasdaq-100 Futures dropped 0.02% to 18,380
E-Mini Dow Jones Industrial Average Index Futures dropped 1.31% to 39,329

Bitcoin Stats:

BTC Dominance: 63.91 (-0.18%)
Ethereum in Bitcoin Ratio: 0.019 (0.54%)
Hashrate (seven-day average move): 913 eh/s
HASHPRICE (spot): $ 44.32
Total Fees: 6.01 BTC
Open interest of CME Futures: 141,280
BTC is priced in gold: 25.5 oz.
BTC vs Gold Market Cap: 7.23%

Crypto equities

Strategy (MSTR): Closed on Thursday at $ 317.20 (1.78%), down 0.30% to $ 316.35 to pre-market
Coinbase Global (coin): closed to $ 175.03 (1.64%)
Galaxy Digital Holdings (GLXY): Closed to C $ 15.36 (-1.41%)
Mara Holdings (Mara): closed at $ 12.66 (2.76%), up to 0.16% to $ 12.68
Riot Platform (Riot): Closed to $ 6.46 (1.57%)
Core Scientific (Corz): closed at $ 6.63 (0.61%), up to 0.29% to $ 6.65
CleansPark (CLSK): closed to $ 7.51 (3.16%), up to 0.27% at $ 7.53
Coinshares Valkyrie Bitcoin Miners ETF (WGMI): Closed to $ 12.04 (1.09%), up to 0.42% to 12.09
Semler Scientific (SMLR): closed at $ 32.49 (4.79%), up to 2.60% to $ 33.33
Exodo Movement (Exod): Closed at $ 36.58 (-1.64%), up to 4.98% to $ 38.40