Trump Fed's outburst cannot shake the price of Bitcoin (BTC)

Welcome to its edition of the Good Friday of Daybook. With the markets at a shortened schedule for Easter holidays, today’s update is also shortened. Crypto Daybook of Coindesk America will return to its regular size on Monday, April 21. Enjoy the holidays!

By Francisco Rodrigues (All Times et unless indicated otherwise)

It is Easter. Traditional markets are closed in many parts of the world and many people are taking a break from work, and that also keeps cryptographic markets under control. The Cindeesk 20 (CD20) index, a measure of the largest and most active cryptocurrencies, has gained less than 0.1% in the last 24 hours with Bitcoin (BTC) up to 0.1%.

That is a quite silenced response to President Donald Trump’s calls for the elimination of the president of the Federal Reserve, Jerome Powell. Trump criticized Powell for his reluctance to reduce interest rates, further increasing the uncertainty of the economy that has left Bitcoin stepping on water and has seen Wall Street accumulating in gold.

Trump, on his social media platform, Truth Social, said Powell was “too late” to reduce interest rates, saying that his “termination can’t get quick enough!” The president’s words occur after Powell said the Central Bank sees the increase of unemployment and inflation due to tariffs Trump imposed on most other countries.

The Tit-For-Tat has further increased uncertainty, to the point that the S&P 500 closed the negotiation week shortened only 0.1%, while Nasdaq with technological weights fell 0.1%.

“At this time, the markets are extremely reactionary for the decision -making of the White House and are ready to continue for the foreseeable future,” Auerbach, tandem head of Offchain Labs and former head of digital assets such as Nasdaq told Code.

“Trump’s impulse for tariff cuts in the midst of inflation risks driven by the rate could rekindle the ‘original Bitcoin coverage against eroding purchasing power’.

However, for the moment, the coverage against the degradation of the currency and the uncertainty seems to be gold. The recent Precious Metal Toro race has meant that, in the last 20 years, it is surpassing the S&P 500. That includes dividends.

For cryptographic investors, the signals are mixed. While in the macro front, the queen uncertainty, under the regulatory perspective of the Trump administration has improved and institutions have shown more comfort with space.

“It is probably solid ‘letting the dust site’ as the tariff implementations and bilateral negotiations are developed,” said the CEO of the Dydx Charles D’Haussy Foundation to COENDESK. “The consensus of market participants seems to indicate the action of central banks beyond summer.” Stay alert!

What to see

Crypto:
- April 18: Pepecoin (PEP), a layer 1, test block tests, suffers its second half of half, reducing block rewards to 15,625 PEP.
- April 20, 11 PM: BNB Chain (BNB) – OPBNB Mainnet Hardfork.
- April 21: Coinbase derivatives will enumerate XRP futures waiting for the approval of the United States Product Future Trade Commission (CFTC).
- April 25, 1 in the afternoon: The Round Table of the Crypto Task Force of the US Securities and Securities Commission (SEC) in “Key considerations for cryptography custody”.
Macro
- April 18, 10 AM: The Torcuato Di Tella University of Argentina releases Confidence Data from the April consumer.
  - Previous consumer trust. 44.1
- April 22, 8:30 pm: Statistics Canada releases inflation data from the price of Mach producer.
  - PPI Mom Prev. 0.4%
  - PPI YOY PRER. 4.9%
- April 22, 6 PM: The governor of the Fed, Adriana D. Kugler, will pronounce a speech entitled “Transmission of monetary policy”.
Earnings (Estimates based on data data)
- April 22: Tesla (Tsla), post-market
- April 30: Robinhood Markets (Hood), after the market

Token events

Government votes and calls
You unlock
- April 18: Official Trump (Trump) will unlock 20.25% of its circulating supply for a value of $ 314.23 million.
- April 18: Fasttoken (FTN) Unlock 4.65% of its circulating supply worth $ 84.4 million.
- April 18: Meme Meme (Melania) official to unlock 6.73% of its circulating supply for a value of $ 10.72 million.
- April 18: Uxlink (Uxlink) will unlock 11.09% of its circulating supply worth $ 16.52 million.
- April 18: Immutable (IMX) Unlock 1.37% of its circulating supply for a value of $ 10.03 million.
- April 22: Metarsis (MRS) Unlock 11.87% of its circulating supply worth $ 126.7 million.
- April 30: Optimism (OP) to unlock 1.89% of its circulating supply for a value of $ 20.74 million.
- May 1: SUI (SUI) will unlock 2.28% of its circulating supply for a value of $ 156.87 million.
- May 1: Zetachain (Zeta) Unlock 5.67% of its circulating supply for a value of $ 10.32 million.
Lanza Token

Conferences:

Token talk

By Francisco Rodrigues

Memecoin trading frenzy still does not seem. Since the Token spear protocol pump introduced its negotiation platform pumping swap in March, the volumes have shot.
According to Artemis data, Pump.fun, based in Solana, was seeing approximately $ 110 million of negotiation volume per day before the Bumpswap debut. That figure exploded at $ 650 million on April 17, with $ 444 million that are negotiated in Pumpswap.
The daily transaction volumes on the platform now exceed 40,000, approximately twice the figures seen before the Pumpwap launch, according to Dune data.
The volume of increased negotiation helped pump. 24-hour FUN revenues from the Layer-1 Tron network network, with approximately $ 2 million during the period. The figure is also above the platforms such as Hyperliquid and Aave.
Out of Solana, other networks have seen their share of commercial activity. Even the Exchange coinbase, with the Nasdaq list, was involved in alleged alleged border after three wallets bought their token “base is for noises” before the launch was announced.

Market movements:

BTC fell 0.69% of the 4 PM ET on Thursday to $ 84,550 (24 hours: +0.30%)
ETH increases 0.15% to $ 1,587.85 (24 hours: -0.36%)
COINDESK 20 increases 1% to 2,460.30 (24 hours: +0.2%)
The commitment rate composed of CESR Ether Cesr has dropped from 15 bp to 2.98%
BTC’s financing rate is at 0.0069% (7,5927 annualized) in Binance

DXY has not changed to 99.38
Gold has dropped 0.54% to $ 3308.8/oz
La Plata has dropped 1.55% to $ 32.42/oz
Nikkei 225 closed +1.03% at 34,730
Hang Seng closed +1.61% to 21,395
Ftse closed on Thursday at 8275.66.
Euro Stoxx 50 has dropped 0.63% to 4935.34
Djia closed Thursday -1.33% at 39,142
S&P 500 closed +0.13% to 5282.7
Compound Nasdaq closed -0.13% to 16,286.45,
The closed S&P/TSX compound index +0.36% to 16,286.45
S&P 40 Latin America increased 1.64% to 2,383.75
E-mini s & p 500 futures have dropped 0.13% to 5.312.75
E-mini nasdaq-100 futures have dropped 0.02% to 18,380
E-mini dow Jones Industrial average index future fell 1.31% to 39,329

Bitcoin statistics:

BTC domain: 63.91 (-0.18%)
Bitcoin Ethereum Relationship: 0.019 (0.54%)
Hashrat (seven -day mobile): 913 eh/s
Hashprice (spot): $ 44.32
Total rates: 6.01 BTC
CME Futures Open Interest: 141,280
BTC with a gold price: 25.5 oz.
BTC vs Gold Market Cap: 7.23%

Cryptographic equities

Strategy (MSTR): closed on Thursday at $ 317.20 (1.78%), 0.30% at less than $ 316.35 in the previous market
Global Coinbase (Coin): Closed at $ 175.03 (1.64%)
Galaxy Digital Holdings (GLXY): Closed at C $ 15.36 (-1.41%)
Mara Holdings (Mara): closed at $ 12.66 (2.76%), 0.16% higher than $ 12.68
Riot platforms (Riot): closed at $ 6.46 (1.57%)
Core Scientific (Corz): closed at $ 6.63 (0.61%), 0.29% more at $ 6.65
CleanSTark (CLSK): closed at $ 7.51 (3.16%), 0.27% higher to $ 7.53
COINSHARES VALKYRIE BITCOIN MINERS ETF (WGMI): closed at $ 12.04 (1.09%), 0.42% to 12.09
Semler Scientific (SMLR): closed at $ 32.49 (4.79%), a 2.60% increase to $ 33.33
Exodus movement (exod): closed at $ 36.58 (-1.64%), 4.98% more at $ 38.40