Trump's 38th "Deal" Announcement Sparks Market Rebound

iconKuCoin News
Share
Yesterday, just before US markets opened, President Trump issued strong threats against Iran. Hours later, he abruptly announced the cancellation of planned strikes, stating that related documents are in final drafting and expected to be signed within days.
 
The news triggered a swift recovery in US stocks, with BTC surging toward $64k. However, this marks Trump's 38th public claim of reaching a major agreement—prompting skepticism as markets continue to react positively each time.
 
Notably, each successive crypto rebound has shown diminishing strength, suggesting fading momentum in digital assets. Capital appears to be rotating more aggressively into US chip stocks, while the broader crypto market remains stuck in bearish territory.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
    image

    Popular Articles