{"id":23319,"date":"2025-04-23T12:09:54","date_gmt":"2025-04-23T09:09:54","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-surpasses-94000-amid-conciliatory-signals-from-us-president\/"},"modified":"2025-04-23T12:09:54","modified_gmt":"2025-04-23T09:09:54","slug":"bitcoin-surpasses-94000-amid-conciliatory-signals-from-us-president","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-surpasses-94000-amid-conciliatory-signals-from-us-president\/","title":{"rendered":"Bitcoin Surpasses $94,000 Amid Conciliatory Signals from US President"},"content":{"rendered":"<p>On April 23, the price of the leading cryptocurrency surpassed $94,000 following conciliatory statements by US President Donald Trump regarding tariffs and the head of the <span data-descr=\"Federal Reserve System of the USA\" class=\"old_tooltip\">Fed<\/span>.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-1082.webp\" alt=\"2-1082\" class=\"wp-image-257338\"\/><figcaption class=\"wp-element-caption\">15-minute BTC\/USDT chart on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=BINANCE%3ABTCUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>The head of state <a href=\"https:\/\/www.cnn.com\/2025\/04\/22\/business\/trump-china-trade-war-reduction-hnk-intl\/index.html\">announced<\/a> plans to be &#8220;very kind&#8221; to China in any trade negotiations and to lower tariffs if the countries can reach an agreement. <\/p>\n<p>Trump also stated that he does not plan to dismiss Federal Reserve Chairman Jerome Powell, despite previously <a href=\"https:\/\/u1f987.com\/en\/news\/donald-trump-calls-for-federal-reserve-chairs-resignation\">expressing dissatisfaction<\/a> with his slowness in cutting rates.<\/p>\n<p>Such comments sparked enthusiasm in the stock markets and acted as a catalyst for the continued rise of the leading cryptocurrency, which had recently stabilized <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-tops-90000-for-the-first-time-since-early-march\">above $90,000<\/a>.<\/p>\n<p>Another driving force was the liquidation of shorts. From April 22 to 23, the volume of forcibly closed positions in the cryptocurrency market amounted to $632.6 million, including $557.2 million in shorts, according to <a href=\"https:\/\/www.coinglass.com\/LiquidationData\">Coinglass<\/a>.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"347\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1531-1024x347.png\" alt=\"1-1531\" class=\"wp-image-257339\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1531-1024x347.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/1-1531-300x102.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/1-1531-768x261.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/1-1531.png 1391w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: Coinglass.<\/figcaption><\/figure>\n<p>The procedure affected 166,792 traders.<\/p>\n<p>Approximately half of the liquidations were in bitcoin ($314.9 million). <\/p>\n<p>According to Standard Chartered, the leading cryptocurrency<a href=\"https:\/\/u1f987.com\/en\/news\/bitcoins-ascent-tied-to-federal-reserve-independence-concerns-says-standard-chartered\"> will continue to appreciate<\/a> if threats to the Fed&#8217;s independence persist.<\/p>\n<p>Previously, BitMEX co-founder Arthur Hayes<a href=\"https:\/\/u1f987.com\/en\/news\/arthur-hayes-hints-at-bitcoin-rising-above-100000\"> predicted<\/a> that the price of digital gold would rise above $100,000 due to the US Treasury&#8217;s buyback of government bonds. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>On April 23, the price of the leading cryptocurrency surpassed $94,000 following conciliatory statements by US President Donald Trump regarding tariffs and the head of the Fed. 15-minute BTC\/USDT chart on Binance. Data: TradingView. The head of state announced plans to be &#8220;very kind&#8221; to China in any trade negotiations and to lower tariffs if [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23318,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,991,1249],"class_list":["post-23319","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-donald-trump","tag-federal-reserve-system"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/23319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=23319"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/23319\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/23318"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=23319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=23319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=23319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}