Market Cap: $2.6516T -1.130%
Volume(24h): $70.9099B -20.670%
  • Market Cap: $2.6516T -1.130%
  • Volume(24h): $70.9099B -20.670%
  • Fear & Greed Index:
  • Market Cap: $2.6516T -1.130%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$85164.293495 USD

0.46%

ethereum
ethereum

$1631.626805 USD

-0.06%

tether
tether

$0.999902 USD

0.05%

xrp
xrp

$2.140262 USD

-0.29%

bnb
bnb

$585.593727 USD

-0.75%

solana
solana

$129.553695 USD

-2.38%

usd-coin
usd-coin

$0.999953 USD

0.01%

tron
tron

$0.252961 USD

-2.17%

dogecoin
dogecoin

$0.159379 USD

-3.88%

cardano
cardano

$0.637759 USD

-1.07%

unus-sed-leo
unus-sed-leo

$9.434465 USD

0.10%

avalanche
avalanche

$19.984115 USD

-0.50%

chainlink
chainlink

$12.624915 USD

-1.61%

stellar
stellar

$0.241348 USD

0.09%

toncoin
toncoin

$2.899684 USD

1.82%

Cryptocurrency News Articles

As Bitcoin Pushes Toward $84,000, Attention Turns to a High-Profile White House Meeting Between El Salvador's President Nayib Bukele and US President Donald Trump

Apr 14, 2025 at 09:00 pm

Speculation swirls on whether Bitcoin (BTC) will be a central topic. The timing is notable: El Salvador recently secured a $1.4 billion IMF loan package.

As Bitcoin Pushes Toward $84,000, Attention Turns to a High-Profile White House Meeting Between El Salvador's President Nayib Bukele and US President Donald Trump

As Bitcoin pushes toward $84,000, attention turns to a high-profile White House meeting between El Salvador’s President Nayib Bukele and US President Donald Trump. Speculation swirls on whether Bitcoin (BTC) will be a central topic.

The timing is notable: El Salvador recently secured a $1.4 billion IMF loan package. Reports indicate this deal includes restrictions on the nation’s public-sector Bitcoin initiatives, impacting merchant mandates and the state-run Chivo wallet.

How Is El Salvador Handling IMF Pressure on Bitcoin?

Despite apparent IMF pressure for fiscal discipline, El Salvador’s National Bitcoin Office remains defiant. Officials confirmed the country will continue its “one Bitcoin a day” purchase strategy and has no plans to sell its current holdings of 5,968.8 BTC, valued at over $600 million.

“Bitcoin continues to be our main strategy,” a spokesperson said. However, as per critics, the deal with the IMF, which concludes a four-year negotiation, has somewhat weakened Bukele’s crypto revolution by aligning with fiscal discipline and debt relief goals.

While Bukele’s team asserted that the Bitcoin strategy remains intact, Trump’s potential alignment with BTC could change everything.

Could Trump Embrace Bitcoin With Inflation Concerns Rising?

President Trump, holding a mixed record on crypto, could strongly influence the global digital asset space if he publicly supports Bukele’s pro-Bitcoin position. Political analysts believe such a move could signal a major shift in the US approach to digital assets. Such a shift gains relevance with growing domestic concerns about inflation, traditional monetary control, and changing global capital flows.

Meanwhile, Bitcoin itself shows market resilience. The price is holding above the $83K level, pushing towards $85K amid tariff-driven market instability. With US policy directions uncertain, Bitcoin’s role in international relations seems more significant than ever. Some experts expect continued price strength unless major negative economic events occur.

The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Apr 16, 2025