U.S. president Donald Trump has helped spur the crypto market higher, pointing to its success as why the Federal Reserve should “rapidly” lower interest

The U.S. dollar rose on Friday, fuelled by upheavals on the global trade landscape, as U.S. President Donald Trump announced more import tariffs, ranging from 35% on neighbouring Canada to plans for blanket levies of 15% or 20% on most trading partners.

BTC jumped within 30 minutes of Trump’s rate-cut post as analysts weighed inflation risks and the impact of a potential 300 bp cut on asset prices.

Amid escalating tariffs, Bitcoin decouples from trade news, offering a stable hedge while blockchain enhances supply chain resilience.

Because crypto can be a bit complicated for some, I asked ChatGPT to explain the answers as if I were a 12-year-old. This is how it responded.

US Bitcoin spot exchange-traded funds (ETFs) recorded their second-biggest inflow day in history. The Bitcoin ETF infow rate is surpassed only by the day Donald Trump won the US presidential election last November.

Stocks moved lower in early trading Friday as investors digested the latest threats from President Donald Trump to impose hefty tariffs on U.S. trading partners.

Factors contributing to Bitcoin’s surge include the pro-crypto stance of President Trump, which has spurred greater interest from institutional investors.