Trump’s fed eruption fails to shake Bitcoin (BTC) price

Welcome to your Good Friday Edition of Daybook. With markets on a shortened schedule for the Easter holidays, today’s update is also shortened. Coindesk’s Crypto DayBook Americas will be back to its common size Monday, April 21st. Enjoy the holiday!

By Francisco Rodrigues (all times one unless otherwise stated)

It’s Easter. Traditional markets are closed in many parts of the world, and lots of people take a break from work, and it also keeps crypto markets in check. Coindesk 20 index (CD20), a measure of the largest, most active cryptocurrencies, has achieved less than 0.1% in the last 24 hours of Bitcoin (BTC) up only 0.1%.

It’s a rather muted response to calls by President Donald Trump about the removal of Federal Reserve -President Jerome Powell. Trump criticized Powell over his reluctance to reduce interest rates, which further added the economy uncertainty that has left Bitcoin -acting water and seen Wall Street is poured into gold.

Trump, on his social media platform truth social, said Powell was “too late” to lower interest rates and said his “termination cannot come fast enough!” The president’s words come after Powell said the central bank sees unemployment and inflation rising because of the tariffs that Trump imposed on most other countries.

The Tit-For-Tate has further raised uncertainty to the point that the S&P 500 closed the shortened trade week by only 0.1%, while the tech-heavy Nasdaq fell 0.1%.

“Right now, the markets are extremely reactionary to the decision -making of the White House and are ready to remain that way in the foreseeable future,” Ira Auerbach, head of Tandem at Offchain Labs and former head of digital assets like Nasdaq, told Coindesk.

“Trump’s push for focus cuts in the midst of customs inflation risks can re-set Bitcoin’s original ‘hedge against eroding purchasing power’ storytelling ‘. Its recent risk-off behavior may be short-lived as monetary policy uncertainty is intensified.”

For the time being, however, it seems that the hedge against currency -down base and uncertainty is gold. Precious Metal’s recent Bull Run has meant that over the past 20 years it surpasses the S&P 500. It includes dividends.

For cryptoinvestors, signals are mixed. While there is on macrofron’s uncertainty, it has improved under the Trump Administration Adjustment Views and institutions have shown more comfort with space.

“It’s probably sounding” letting the dust run “as customs implementations and bilateral negotiations take place,” Dydx Foundation CEO Charles d’Haussy told Coindesk. “Market participants’ consensus seems to signal the action of central banks past the summer.” Stay aware!

What to look at

Crypto:
- April 18: PePEOin (PEP), a LAG-1, Proof-of-Work Blockchain, undergoes its second halving, reducing block pay to 15,625 PEP.
- April 20 at. 23: BNB chain (BNB) – BRNB MAINNET HARDFORK.
- April 21: Coin Baser Divestors show XRP futures pending the approval of US Commodity Futures Trading Commission (CFTC).
- April 25, 13:00: US Securities and Exchange Commission (SEC) Crypto Task Force Roundtable on “Key Considerations for Crypto Primary”.
Macro
- April 18, 7 p.m. 10: Argentinas Torcuato di Tella University releases April consumer confidence data.
  - Consumer confidence earlier. 44.1
- April 22 at. 20:30: Statistics Canada releases Mach producer price inflation data.
  - PPI Mother Prev. 0.4%
  - PPI Yoy Prev. 4.9%
- April 22 at. 18: Fed Governor Adriana D. Bullets will give a talk entitled “Transmission of Monetary Policy.”
Earnings (Estimates based on Factset -Data)
- April 22: Tesla (TSLA), Post-Market
- April 30: Robinhood Markets (Hood), Post-Market

Token -events

Management votes and calls
Unlock
- April 18: Official Trump (Trump) to unlock 20.25% of its circulating supply worth $ 314.23 million.
- April 18: Fixed token (FTN) to lock 4.65% of its circulating supply worth $ 84.4 million.
- April 18: Official Melania Meme (Melania) to lock 6.73% of its circulating supply worth $ 10.72 million.
- April 18: UxLink (UXLink) to lock 11.09% of its circulating supply worth $ 16.52 million.
- April 18: Immutable (IMX) to lock 1.37% of its circulating supply worth $ 10.03 million.
- April 22: Metars Genesis (MRS) to lock 11.87% of its circulating supply worth $ 126.7 million.
- April 30: Optimism (OP) to lock 1.89% of its circulating supply worth $ 20.74 million.
- May 1: SUI (SUI) to lock 2.28% of its circulating supply worth $ 156.87 million.
- May 1: Zetachain (Zeta) to lock 5.67% of its circulating supply worth $ 10.32 million.
Token launches

Conferences:

Token Talk

By Francisco Rodrigues

The Memecoin trade Frenzy doesn’t seem to be much yet. Since the Token launch protocol pump.Fun introduced its trading platform pumpswap in March, Bind is Skyrocketed.
According to Artemis Data, Solana-based pump.Fun saw approx. 110 million dollars trading volume a day before the pumpswap debut. This figure exploded at $ 650 million on April 17, with $ 444 million traded on pumpswap.
Daily transaction volumes on the platform now top 40,000, about twice as much the numbers seen before pumpswaps launch, DUNE DATA shows.
The increased trading volume helped the pump. The figure is also over platforms such as hyperliquid and aave.
Outside of Solana, other networks have seen their share of trading activity. Even Nasdaq -Listed Exchange Coinbase was involved in alleged front driving after three wallets bought its “base is for everyone” token before the launch was announced.

Market Movement:

BTC is down 0.69% from 1 p.m. 16 A Thursday to $ 84,550 (24 hours: +0.30%)
ETH has increased 0.15% to $ 1,587.85 (24 hours: -0.36%)
Coindesk 20 has risen 1% at 2,460.30 (24 hours: +0.2%)
Ether Cesr Composite Staking Rate has fallen 15 bps at 2.98%
BTC financing rate is at 0.0069% (7,5927% annual) on Binance

Dxy is unchanged at 99.38
Gold is down 0.54% for $ 3308.8/oz
Silver has fallen 1.55% of $ 32.42/oz
Nikkei 225 closed +1.03% at 34,730
Hang bed closed +1.61% at 21,395
FTSE closed Thursday at. 8275.66.
Euro Stoxx 50 has fallen 0.63% at 4935.34
Djia closed Thursday -1.33% at 39.142
S&P 500 CLOSED +0.13% at 5282.7
NASDAQ Composite closed -0.13% at 16,286.45,
S&P/TSX Composite Index Closed +0.36% at 16,286.45
S&P 40 Latin America has risen 1.64% at 2,383.75
E-MINI S&P 500 Futures are down 0.13% at 5,312.75
E-MINI NASDAQ-100 FUTURES ARE DOWN 0.02% AT 18,380
E-mini dow jones industrial averaging index futures has fallen 1.31% at 39,329

Bitcoin -Statistics:

BTC Dominance: 63.91 (-0.18%)
Ethereum to Bitcoin ratio: 0.019 (0.54%)
Hashrate (Seven-Day Sliding Average): 913 EH/S
Hashprice (Spot): $ 44.32
Total fees: 6.01 BTC
Cme futures open interest: 141,280
BTC Priced in gold: 25.5 oz.
BTC VS GOLD MARKET CAP: 7.23%

Crypto shares

Strategy (MSTR): Closed on Thursday of $ 317.20 (1.78%), dropped 0.30% to $ 316.35 in the pre-market
COINBASE GLOBAL (COIN): CLOSED TO $ 175.03 (1.64%)
Galaxy Digital Holdings (GLXY): Closed to C $ 15.36 (-1.41%)
Mara Holdings (Mara): Closed to $ 12.66 (2.76%), an increase of 0.16% to $ 12.68
Riot Platforms (Riot): Closed to $ 6.46 (1.57%)
Core Scientific (Corz): Closed to $ 6.63 (0.61%), an increase of 0.29% to $ 6.65
Cleanspark (CLSK): Closed to $ 7.51 (3.16%), an increase of 0.27% to $ 7.53
COINSHARES VALKYRIE BITCOIN MINERS ETF (WGMI): CLOSED TO $ 12.04 (1.09%), an increase of 0.42% at 12.09
Semler Scientific (SMLR): Closed to $ 32.49 (4.79%), an increase of 2.60% to $ 33.33
Exodus Movement (2.