Trump crypto surge “I want crypto, crypto is important because if we don’t do it, China’s going to,” former President Donald Trump said on May 4, 2025, at roughly 10:30 AM EST. The comment, shared by Crypto Rover on Twitter at 10:45 AM EST, rapidly increased market activity and caused large price swings across most major cryptocurrencies.
Trump Sparks Crypto Surge
The first hour after Trump’s declaration showed notable price swings. Rising from $68,200 to $71,750 by 11:45 AM EST, Bitcoin (BTC) jumped 5.2%. Ethereum (ETH) followed with a 4.8% increase from $2,450 to $2,548 over the same period. Based on CoinMarketCap data (May 4, 2025), these moves highlighted the strong impact geopolitical remarks can have on the digital asset market.
Bitcoin and Ethereum Trade Volumes Soar
The effects on trade volumes were significant right away. Over two hours, BTC/USD trading volume on Binance surged by 38% to hit $1.2 billion between 10:30 AM and 12:30 PM EST. On Coinbase, ETH/USD volumes rose by 29% and reached $780 million. Reaching 320,000 in three hours of Trump’s tweet, Glassnode (May 4, 2025) also noted a 15% rise in Bitcoin transactions.
Particularly with major powers like the United States and China fighting for supremacy in digital currencies, this spike indicates the rising significance of cryptocurrencies in the geopolitical scene. Reacting to the possible worldwide change in crypto policy, both retail and institutional traders answered fast.
Bitcoin and Ethereum: Price Moves and Key Support Levels
Bitcoin’s price settled at $71,500 by 2:00 PM EST, somewhat pulling back from its peak at 0.3%. Ethereum remained constant at $2,560, barely changing by 0.2%. The primary levels traders should monitor are support zones for Bitcoin, around $70,000, and Ethereum, which are valued at $2,500. A violation of these levels can indicate a reversal.
With a 12% rise in significant Bitcoin transactions (above $100,000) by 3:00 PM EST, as reported by IntoTheBlock, on-chain data reinforced the positive attitude even further. Given Trump’s comments, the notable increase in volume and on-chain activity points to ongoing institutional interest.
Crypto Market Momentum: Solana and Bitcoin Lead
Other altcoins weren’t left behind. From $145 to $150.70 between 10:30 AM and 12:00 PM EST, Solana (SOL) observed a 3.9% rise, suggesting that the news helped the more general crypto market to be stimulated. Even tokens connected to artificial intelligence, like Rend Token (RNDR), increased barely by 2.1%, suggesting peripheral sentiment gains in the tech industry.
Technical indicators offer a more accurate perspective on the market’s response. With its Relative Strength Index (RSI) rising to 72 by noon EST, Bitcoin indicated overbought circumstances. The RSI dropped to 68 by 3:00 PM EST, suggesting some short-term consolidation possibility. The RSI for Ethereum followed this pattern, peaked at 70, then fell to 65 by 3:00 PM EST.
At 11:00 AM EST, Bitcoin’s Moving Average Convergence Divergence (MACD) displayed a positive crossing, verifying increasing momentum. By 4:00 PM EST, Bitcoin’s 24-hour trading volume surpassed $35 billion, a 40% rise from the day before; Ethereum’s volume came at $18 billion.
Monitoring Crypto Market Momentum
Traders are urged to constantly observe these necessary technical signals, given increasing trading volumes and active addresses rising by 18% to 1.1 million (Glassnode, May 4, 2025). The market is still erratic, hence even if optimistic momentum is evident, the next 24 hours will be vital to decide whether this Trump-driven gain holds.
The claim of China as a crypto rival connects with more general geopolitical stories. This fits the increasing debates on the strategic function of cryptocurrencies as economic instruments. Should these emotions keep growing, we might observe even more positive developments for blockchain initiatives supporting decentralisation and creativity.
In Summary
Traders must stay educated as the crypto market responds to geopolitical changes. Track changes in Bitcoin price, Ethereum updates, and other significant crypto events to prepare for possible market prospects. Watch RSI readings and support levels to determine whether this Trump-inspired crypto movement is sustainable.
