‘Be Ready’—‘Earth-Shattering’ Trump Hint Sparks Wild Bitcoin Speculation As Price Suddenly Soars To $100,000

By: forbes - crypto & blockchain|2025/05/08 19:30:05
0
Share
copy
Bitcoin and crypto have suddenly soared into May, helped by U.S. president Donald Trump’s crypto czar David Sacks issuing a suprise bitcoin price prediction . Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes’ CryptoAsset & Blockchain Advisor where you can "uncover blockchain blockbusters poised for 1,000% plus gains!" The bitcoin price, up around 30% from its April lows, has surged to $100,000 for the first time since February as a leak has revealed Wall Street companies are quietly ramping up their bets on bitcoin and crypto . Now, as bitcoin hurtles toward a $10 trillion game-changer , Trump’s Oval Office tease of a “truly earth-shattering" announcement has been seized on by the crypto crowd who are wildly speculating it could be related to bitcoin. Sign up now for the free CryptoCodex — A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin and crypto market bull run Apple About To Make Unexpected Free Offer To All iPhone 13 Users Apple Brings Back iPhone 15 Pro And iPhone 15 Pro Max In The U.S. — At Lower Price Today’s NYT Mini Crossword Clues And Answers For Thursday, May 8th U.S. president Donald Trump has teased an "earth-shattering" announcement that some think could be ... More related to bitcoin and crypto as the bitcoin price soars over $100,000. "Crypto holders, be ready," one crypto trader and X influencer posted the platform, referencing Trump’s remarks. "Hope this is a bullish surprise," another posted . This week, Trump hinted he would make a “truly earth-shattering” announcement in the next few days during an Oval Office meeting with Canada’s prime minister Mark Carney. “We’re going to have a very, very big announcement to make, like as big as it gets,” Trump said. “And I won’t tell you on what ... and it’s very positive. It is really, really positive. It’ll be one of the most important announcements that have been made in many years about a certain subject, very important subject.” Trump, who added the announcement was “not about trade," is due to travel to Saudi Arabia, Qatar, and the United Arab Emirates next week, where he’s expected to announce the U.S. will now refer to the Persian Gulf as the Arabian Gulf or the Gulf of Arabia, according to media reports citing anonymous sources. Sign up now for CryptoCodex —A free, daily newsletter for the crypto-curious The bitcoin price has rebounded since crashing to April lows of around $75,000 per bitcoin, helped ... More by fears around U.S. president Donald Trump's trade war receding. The bitcoin price and wider crypto market rocketed following Donald Trump’s election victory in November, with his landmark announcement that that the U.S. will create a bitcoin strategic reserve and a crypto stockpile further boosting prices. Trump’s dismantling of Biden-era restrictions on Wall Street support for crypto has also propelled the bitcoin price higher even as his on-again-off-again global trade war roils stock markets and pushes the gold price to record highs. “Some of the worst fears around the Trump administration’s tariffs seem to be calming down, which has had a positive impact on markets generally," James Toledano, chief operating officer at Unity Wallet, said in emailed comments.

-- Price

--

You may also like

Morning Report | Deloitte acquires crypto infrastructure company Blocknative; stablecoin company Checker completes $8 million financing; a16z may have become the largest external institutional holder of HYPE

Overview of Important Market Events on May 20

Interpretation of xBubble SOP: Packaging Vibe Coding for non-technical users

DAPPOS has launched the low-threshold AI application xBubble, which innovatively automates the packaging of complex large model workflows with an SOP system, allowing users with no technical background to complete professional-level AI tasks with just one sentence.

From Followers to Price Setters: The Role of the Crypto Market is Reversing

The encryption platform successfully achieved precise pre-listing pricing on CBRS, indicating that Crypto is gradually transforming from a follower of traditional finance into a new pricing hub for global assets through innovative mechanisms.

a16z invested $356 million to aggressively acquire HYPE, surpassing Paradigm to become the largest external holding institution

Eight months later, the price of HYPE is approaching its previous high, and institutions like a16z, Goldman Sachs, and Grayscale are collectively taking action. What is their intention?

Google officially declares war

Google has issued a challenge to all its competitors with three weapons: technology, traffic, and pricing.

Coinbase stuffed USDC into Hyperliquid; who made money from this transaction?

On the surface, it seems like a good deal for Hyperliquid with doubled revenue, but in reality, Coinbase has obtained something more valuable: a global distribution channel for USDC. In a situation where it is besieged domestically and locked out by USDT overseas, embedding stablecoins into the larg...

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com