{"id":51132,"date":"2025-04-22T23:54:07","date_gmt":"2025-04-22T23:54:07","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/btc-hits-six-week-high-above-93k-following-u-s-policy-signals\/"},"modified":"2025-04-22T23:54:07","modified_gmt":"2025-04-22T23:54:07","slug":"btc-hits-six-week-high-above-93k-following-u-s-policy-signals","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/btc-hits-six-week-high-above-93k-following-u-s-policy-signals\/","title":{"rendered":"BTC Hits Six Week High Above $93K Following U.S. Policy Signals"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Bitcoin pushed toward new highs on Tuesday, reaching just under $93,600 at the time of writing and marking its strongest showing in over a month. The move came after a wave of positive signals from Washington, where comments about trade policy and the Federal Reserve gave markets a reason to rally.<\/p>\n<hr\/>\n<p><strong><em>Good to know<\/em><\/strong><\/p>\n<ul>\n<li><strong><em>Bitcoin broke above $93,000 for the first time since early March.<\/em><\/strong><\/li>\n<li><strong><em>Investor sentiment improved after talks of easing U.S.-China trade tensions.<\/em><\/strong><\/li>\n<li><strong><em>Trump confirmed that Jerome Powell will stay on as Fed Chair.<\/em><\/strong><\/li>\n<\/ul>\n<hr\/>\n<p>The morning started with remarks from U.S. Treasury Secretary Scott Bessent at a private JPMorgan meeting. According to attendees, Bessent called the ongoing tariff standoff with China <em>\u201cunsustainable\u201d<\/em> and said de-escalation would begin <em>\u201cin the very near future.\u201d<\/em> He also described the current dynamic as closer to a <em>\u201ctrade embargo,\u201d t<\/em>hough he acknowledged that a broader resolution may take years to finalize.<\/p>\n<p>Later in the day, President Trump addressed the issue more directly. Speaking from the White House, he said that tariffs on Chinese goods would <em>\u201ccome down substantially\u201d<\/em> from the current 145 percent rate. That helped calm fears of a drawn-out trade battle between the two largest economies in the world.<\/p>\n<p>Trump also cleared the air on another hot topic. When asked about Federal Reserve Chair Jerome Powell, he stated he had no plans to remove him, pushing back against recent speculation tied to the administration\u2019s pressure on the central bank to cut rates.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>The combination of those updates gave traders fresh optimism, leading to a nearly 7 percent jump in <a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\">Bitcoin<\/a> price. <a href=\"https:\/\/igaming.org\/cryptocurrencies\/ethereum-alternative-coin\/\">Ethereum<\/a> also moved higher, rising over 8 percent in the past day and trading above $1,700.<\/p>\n<p>The broader crypto market followed the trend, boosted by renewed risk appetite and hopes that improving U.S.-China relations could help stabilize global economic conditions.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/bitcoin-climbs-above-93k-after-trade-and-fed-comments\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Bitcoin pushed toward new highs on Tuesday, reaching just under $93,600 at the time of writing and marking its strongest showing in over a month. The move came after a wave of positive signals from Washington, where comments about trade policy and the Federal Reserve gave [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":51133,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/51132"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=51132"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/51132\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/51133"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=51132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=51132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=51132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}