Bitcoin Bull has not yet died

US President Donald Trump surprised investors at the end of last week when he took out his digital work group to create an encrypted currency reserve that includes Bitcoin, Al -Atheer, Solana, XRP and Solana. After an epic pump, the encryption markets were reflected within 24 hours, leaving Bitcoin on the edge of the reflection of the landmark. Fear and fear attracted the markets, as investors wonder whether the rising market has ended prematurely.

A closer look at the work cycle reveals that bitcoin bull (BTC) The market is far from death. Things may be about to heat the chaos in Trump’s trade war that lead to reasonable trade policies with China, Canada and Mexico.

The newsletter for this week explores Crypto Biz Bitcoin through the work cycle lens and narrates the market’s reaction to the multi -process encryption reserve.

Trump Bitcoin tanks, but there is a silver lining

Despite the positive regulatory winds for encryption, Trump was the first month of his position Disatable markets. Bitcoin suffered from the worst in February a decade ago, and altcoins was destroyed, as Trump’s threats in the trade war sparked a journey to safety.

Fear has attracted encryption markets, where analysts and investors wonder whether the BTC opening day is $ 109,000 is the top of this session. However, according to the Manufacturing Procurement Manager Index (PMI), the peak is not close.

Throughout its history, the Bitcoin price is closely reflected in the manufacturing project managers index, an important agent for the work course. For example, in 2017 and 2021, the Bitcoin session was almost almost aligned with the peak of the manufacturing manufacturing directors.

In January, the Information Manager Index entered the growth zone for the first time in more than two years, indicating that the work cycle was expanding. According to the founder of Real Vision Raoul Pal, trends at the Procurement Manager Index indicate the peak of Bitcoin in late 2025 or even early 2026.

Despite the recent fluctuations, the Bitcoin’s Bull Market will not end.

Coinbase, Gemini, senior executives, the lament of the encryption reserve

Coinbase Brian Armstrong said, CEO of Gemini Tyler Winklevoss says A bad idea for the United States.

“One of the digital assets is currently meeting in the world at the present time with the tape and that digital assets are Bitcoin,” said Tyler Winkelvos of Gemini.

“It is possible that Bitcoin is the best option”, as it is the only “gold caliph”.

Even the famous hate Bitcoin, Peter Chef said he understood the digital gold thesis from BTC, but he saw no reason to include Altcoins into a national encoding reserve.

Trump’s Minister of Trade Howard Lottenic later explained that the administration will probably deal with Bitcoin differently from other assets in the encryption reserves.

Metaplanet buys dip

The Japanese investment company metaplanet More bitcoin has been added to its public budgetGet 497 BTC at an average price of $ 88,448. Once again, send the acquisition of the Metaplanet shares, confirming the positive investor morale about digital assets. The company now owns 2,888 BTC with a value of about $ 251 million. Only dozens of companies that are publicly traded carrying Bitcoin are more than metaplanet, According to To industry data.

Metaplanet is known as the “Asia Strategy”, a reference to Michael Saylor Business Intelligence, which has turned into Bitcoiiin Bank. In January, Metaplanet announced plans for More than 700 million dollars collected To finance future bitcoin purchases.

Bitcoin miners problems after half

I have put bitcoin fluctuations Click on public mines workersAnd that was already tense through the half -quadruple network event last April. According to JPMorgan, Bitcoin mining shares fell 22 % in February. The analysis included riot platforms, Bitdeer, Marathon Digital and Core Scientific, among other things.

Almost, all companies have seen the prices of their shares stumbled after reporting the quarterly profits in February-even Core Scientific, which have reported better sales than expected in the last three months of 2024.

Since the revenues of miners and total profits have decreased by 46 % and 57 %, respectively, according to Jpmorgan.

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