Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Analyst Compares Trump’s Market Impact to Obama Era as Bitcoin Sees Momentum

Share This Post

Bitcoin is currently trading just above $80,000, following a brief rally to $83,000 yesterday that sparked renewed investor optimism. Despite the 4.1% gain over the past day, the asset remains more than 25% below its all-time high of over $109,000 set in January.

One of the latest developments influencing the current sentiment came from US President Donald Trump, who posted, “This is a great time to buy,” shortly before a 90-day suspension on new tariffs was announced. The pause led to a sharp reaction across financial markets.

Bitcoin jumped over 10%, while the S&P 500 and NASDAQ saw daily gains exceeding 11% and 14%, respectively. According to CryptoQuant analyst Maartunn, this development mirrors a similar episode in 2009 when then-President Barack Obama encouraged long-term stock investments amid a market downturn.

That historical parallel saw the S&P 500 begin a multi-year rally, raising the question of whether Trump’s second term might trigger a similar bullish cycle.

Historic Parallels and Their Potential Impact on Bitcoin

Maartunn emphasized the potential for policy-driven sentiment shifts to play a role in Bitcoin’s future price trajectory. Drawing comparisons to the market response following Obama’s 2009 comments, the analyst suggests that investor psychology, coupled with fiscal strategy, could significantly affect market direction.

The implications are not just isolated to equities but also extend to crypto markets, as demonstrated by Bitcoin’s strong correlation with traditional financial indices during major policy shifts.

While no trajectory is guaranteed, the market’s reaction to political cues highlights Bitcoin’s growing entrenchment in broader macroeconomic trends. Maartunn wrote:

Could the remainder of Trump’s second term mirror Obama’s first, when the market surged roughly 75% over four years? The parallels are there—but nothing is guaranteed. This chart will be one to watch closely in the coming months.

Analyst drawing parallel to Tump market impact and Obama era.

Hashrate Hits Record as Fundamentals Strengthen

Separately, CryptoQuant analyst Yonsei Dent pointed out an important underlying development. Despite Bitcoin’s decline from its $109K peak to around $80K, both the network hashrate and mining difficulty have reached all-time highs.

These metrics suggest that Bitcoin’s network security and miner confidence remain strong, even during price drawdowns. While increased mining difficulty implies greater costs for miners, it also reflects heightened participation and belief in Bitcoin’s long-term value.

The network’s resilience in the face of price volatility may offer a stabilizing factor as market sentiment continues to fluctuate. Dent cited CryptoQuant CEO Ki Young Ju who noted that Bitcoin’s hashrate could serve as a proxy for its intrinsic value.

He posited that, based on current mining trends, Bitcoin’s potential market cap could reach as high as $5 trillion. Notably, with the asset currently holding a $1.6 trillion valuation, Bitcoin’s upside remains considerable should fundamentals continue to align with investor confidence.

Bitcoin (BTC) price chart on TradingView

Featured image created with DALL-E, Chart from TradingView

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Stripe Integrates Stablecoins and AI Technology – Will AI Agent Coins Like $MIND Benefit?

Stripe, the global payment solution provider, has launched Stablecoin Financial Accounts It’s a new feature that will allow users to hold cryptocurrencies in the form of stablecoins Currently,

Alpen Labs Launches Bitcoin-Backed Stablecoin to Boost Censorship Resistance

Alpen Labs has introduced the bitcoin dollar (BTD), a bitcoin-collateralized stablecoin built on zero-knowledge rollup technology, aiming to provide a censorship-resistant alternative to centralized

Still Under $0.05, This DeFi Token Is Being Labelled One of the Best Cryptos to Buy Before Listings

The post Still Under $005, This DeFi Token Is Being Labelled One of the Best Cryptos to Buy Before Listings appeared first on Coinpedia Fintech News With the cryptocurrency market regaining momentum

Crypto Consolidation: Coinbase to Acquire Deribit for $2.9B

Coinbase Global has agreed to acquire Deribit, the world’s largest bitcoin and ether options platform, for approximately $29 billion in cash and stock $29 Billion Deal: Coinbase Buys Top Bitcoin

Is RLUSD Replacing XRP for Good? Brad Garlinghouse Clarifies

The post Is RLUSD Replacing XRP for Good Brad Garlinghouse Clarifies appeared first on Coinpedia Fintech News Ripple’s new stablecoin RLUSD is quickly gaining ground and it’s stirring up serious

Scotland Unveils First-Ever Bitcoin Scholarship Program, Powering BTC Bull Token Presale

In a landmark fusion of traditional education and cutting-edge digital finance, Scotland’s Lomond School has unveiled the Satoshi Scholarships, establishing the world’s first Bitcoin-powered