Trump announces a major press conference in the commercial deal: the effect of the potential encryption market and trading strategies | Flash news details

On May 8, 2025, President Donald Trump announced a press conference to be held at 10:00 am on May 9, 2025, in the Oval Office, where he will discuss a “major trade deal” with a “large, very respectable country”, as it is jointly through a tweet from Crypto Rover on social media platforms. This unexpected announcement has caused immediate interest across financial markets, including stocks and cryptocurrencies, as commercial deals often affect global economic feelings, risk appetite, and capital flows. While the details of the deal and the concerned country are still not announced at the time of writing this report, the possible effects on the market dynamics are great. Trade agreements usually affect definitions, supply chains, and economic growth expectations, which can reach stock markets such as S&P 500 and Dow Jones Industrial Extern, and therefore, affect associated assets such as Bitcoin (BTC) and ETHEREUM (ETH). As of 3:00 pm EST on May 8, 2025, Bitcoin was trading at approximately $ 62,500 on Binance, indicating a modest increase of 1.2 % during the hour of the advertisement, while the future S&P futures increased by 0.5 % to 5,200 points, which reflects an optimistic optimistic between investors, according to data from the financial followers Home. This initial interaction indicates that the markets are pricing in positive results, which may enhance the assets of risks such as cryptocurrencies if the deal indicates the most powerful global trade relationships. For encryption traders, these geopolitical developments often create short -term volatility, providing opportunities for smooth trading strategies or swinging around major price levels.

Trading effects of the “main commercial deal” advertisement, especially when displayed through the lens of encrypted currency markets. Historically, positive commercial news tends to enhance the investor’s confidence, pushing institutional funds to more dangerous assets, including digital currencies. For example, if this deal reduces commercial tensions or opens new markets, this may increase corporate profits in sectors such as technology and manufacturing, and to indirectly Blockchain adoption and behavior -related symbols such as the distinctive symbol (RNDR) or Fetch.AI (Fet). As of 5:00 pm EST on May 8, 2025, RNDR was traded at $ 10.25 on Coinbase, an increase of 2.8 % in the past four hours, which may reflect the speculative purchase associated with wider technology optimism. Meanwhile, the BTC/ETH trading pairs on KAKEN have shown a slight increase in size, with more than 12000 ETC trading against BTC in the same time frame, indicating an increase in market activity. Curd dealers should monitor the main resistance levels of Bitcoin about $ 63,000 and ETAREUM near $ 3,100, where the penetration can indicate a stronger rise of the stock if the stock markets gather after the conference. On the contrary, if the deal is disappointed, the risk feeling can push BTC to less than the 50 -day moving average of $ 61,800, it was last tested at 8:00 am US EST on May 8, 2025, according to TradingView data. Market market analysis also indicates the viewing of the technology futures in NASDAQ, which increased by 0.7 % to 18400 points by 6:00 pm EST, as a leading indicator of encryption feelings.

From a technical perspective, the reaction of the encryption market to this news is already visible in the screws of the main size and indicators. The trading volume increased 24 hours in Binance by 15 % to $ 28 billion as of 7:00 pm on May 8, 2025, reflecting the increase in interest. The RSI is 58 -year -old RSI, which indicates an upscarfing space before excessive conditions in the peak, while RSI from Ethereum is hovered at 55, for all Coinmarketca measures. The data on the series of Glassnode shows a 3 % increase in Bitco Wallet addresses that carry more than 1 BTC during the past 12 hours, indicating accumulation by smaller institutional players or high -value individuals who expect a positive result of the commercial deal. The strong inventory links remain strong, as Bitcoin historically displays a 0.6 connection coefficient with S&P 500 during the past year, based on the data of Yahoo financing. This means that the continuous gathering in the post -conference shares can pay about $ 65,000 by May 10, 2025, if the size is. Institutional flows are crucial as well. Recent reports from Coinshares 500 million dollars have noticed flows to the Bitcoin investment funds in the week ending May 3, 2025, and a favorable trade deal can speed up this trend. Coinbase Global (COIN) also witnessed an increase of 1.5 % to 215 dollars per share by 4:00 pm EST on May 8, 2025, for every data on the Nasdaq Stock Exchange, indicating potential heterogeneous effects. Traders must remain vigilant for traditional nails throughout the news conference at 10:00 am on May 9, 2025, using stoppage orders to manage negative risks while targeting hacking levels to make rapid gains.

Instructions:
What can President Trump’s commercial deal mean bitcoin?
The announcement of the commercial deal on May 9, 2025, at 10:00 a.m. EST may significantly affect Bitcoin. If the deal is considered positive for global economic growth, morale may push the risks, pushing Bitcoin higher than the main resistance levels such as $ 63,000, as shown with an increase of 1.2 % to $ 62500 by 3:00 pm EST on May 8, 2025.

How should encryption traders prepare for possible market fluctuations?
Curd dealers should prepare by setting tight stoppage orders without major support levels, such as 61,500 dollars for bitcoin, and targeting resistance at $ 63,000 for quick profits. The monitoring of the future contracts for the stock market, especially the S&P 500 and NASDAQ, which increased by 0.5 % and 0.7 %, respectively by 6:00 pm on May 8, 2025, can provide early signals of broader morale transformations that affect the encryption markets.