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In the darkest moment when the market fears that geopolitical tensions could trigger a flash crash, US President Donald Trump suddenly spoke out publicly, stunning Wall Street and the entire crypto community.
Prices plunged, showing that short-term panic sell orders were fleeing at full speed;
But there has been a historic-level reversal in the global political leadership and strategic fundamentals, indicating that mainstream capital simply can’t fully exit—they’re just waiting for a bigger strategic pretext.
Although the haze of geopolitical conflict has not lifted, and expectations of a surge in oil prices once put BTC under pressure, causing it to swing violently around the $64,000 level (nearly halving from last October’s $126,000 peak), Trump’s major, reversal-like remarks from the White House completely ignited fresh imagination across the entire internet about a “national-level crypto war”!
When explaining this historic shift, Trump laid his cards on the table without reservation: “If we don’t fully develop cryptocurrencies, then China will completely dominate this field.” In his speech, he also explicitly mentioned China’s mBridge (multilateral central bank digital currency bridge) project.
The appearance of panic: the sparks from the US-Iran conflict and expectations of high oil prices, like a series of heavy blows, pinned BTC last year’s 126K dead down near 64K. Retail investors are crying out over a possible downturn driven by inflation and rate hikes; high-frequency trading volume gets filled and then leaves.
The internal cause behind the bull market: but in the deep water, top analysts have already issued a wildly arrogant prediction of a “50x explosion in the next cycle.” Because capital is well aware that as soon as Trump elevates “crypto sovereignty” to a height aimed at countering external financial threats, substantive regulatory “relaxation” toward blockchain infrastructure by the US is only a matter of time.
Bitcoin is evolving from a mere “speculative code” into the frontline battlefield of the top-tier narrative game between the US and China.