Is the Trump–CZ Partnership the Crypto Market’s Wild Card?
The post Is the Trump–CZ Partnership the Crypto Market’s Wild Card? appeared on BitcoinEthereumNews.com.
Trump–CZ alliance rumors in March 2025 triggered major speculation across the crypto market. Bitcoin’s April rally led traders to shift focus to altcoins and meme coins for higher gains. The Trump–CZ partnership boosted BNB expectations, but excitement quickly faded afterward. A wave of speculation swept through the crypto markets in March 2025, as rumors of a potential alliance between former Binance CEO Changpeng Zhao (CZ) and U.S. President Donald Trump sent shockwaves across the industry. The potential partnership has major consequences that affect the trading of cryptocurrency spaces. Bitcoin reached the $94k—$96k mark while traders turned their attention to altcoins. Similarly, the Trump–CZ collaboration became the subject of wide speculation. The altcoin market gained more momentum than Bitcoin when the cryptocurrency reached $95K in late April. During the final eight days of the month, Bitcoin experienced a modest 7% increase, but overall, it showed a 10% growth. The market surge fueled retail traders to invest aggressively in volatile meme coins and marginal investments. The market behavior displayed characteristics of the “greed-driven” period after FTX collapsed in 2023. Trump–CZ Partnership Speculation The rumors about Trump partnering with CZ hit the market as Binance broke through vital price milestones for its native coin, BNB. News about Trump potentially collaborating with Binance caused BNB’s price to increase. Market participants believed the BNB price could reach $875 because of the anticipated high-profile business collaboration. While traders initially got excited about the potential alliance, it lost its charm as time progressed. Even though market speculation about the Trump-CZ partnership had cooled down, the rumors continued. Although CZ’s role within Binance has diminished, he maintains advisory functions at the company. His backing of BNB staking and his active role in supporting the entire Binance platform ensure a path toward future development opportunities. The crypto partnership’s durability…
Filed under: News - @ May 2, 2025 6:25 pm