Singapore, May 8, 2025 / Prnewswire / – HTX Deepthink is a flagship chronicle of the market created by HTX, dedicated to the exploration of global macro -tendencies, key economic indicators and major developments in the cryptographic industry. In a world where volatility is the norm, HTX Deepthink aims to help readers “Find order in chaos. “”
This week, what does Trump's emerging token plan mean for cryptographic markets? Why are Fed maintenance rates stable? Behind the bitcoin rebound, are hidden risks hiding? In this edition of HTX Deepthink, Chloé (@Chloetalk1) HTX Research breaks down everything.
Trump Media Group utility token: a potential change in the American tokenization of actions
On April 30, Trump Media & Technology Group announced that he would collaborate with the Digital Truth wallet to launch a new utility token called DJT. Initially, the DJT will facilitate payments for the Truth +subscription service, with plans to extend its usefulness through the truth ecosystem.
This is the first time that a US media company listed on the stock market has launched a utility token linked to a real world product ecosystem, which means a historical convergence between traditional actions and asset formats on chain. Although the team has not yet announced a release date, a blockchain or Tokenomics platform, the deployment seems to follow Trump's classic strategy: Hype first, details later.
DJT hits the market at the right time while Emecoin Mania cools off and the stories are turning to the integration of public services and payments. Similar to the recent HTX list of the USD1 of WLFI, the demand for “practical cryptographic assets” increases. The DJT combines a powerful political mark with real support from the ecosystem, offering a long-term value potential far beyond that of the short tokens of the memes.
American-Chinese commercial talks: temporary softening in the middle of persistent tensions
This weekend, the Secretary in the United States of the Treasury Scott Besant and the Representative of Commerce Jamison Greer will meet the Chinese Deputy Prime Minister, He Lifeng in Geneva. This meeting, the first high-level American-Chinese commercial discussions since an increase in tensions in the spring of 2025, reports a potential diplomatic thaw.
Although the two parties still challenge who initiated the talks, the meeting alone sends a strong signal of Diplomatic re -engagement and thaw. With prices with historical heights, the markets interpret the summit as a short -term de -escalation of geopolitical risks – in the process of making a rescue rally in risk assets.
After the news, Bitcoin increased by around 3.6%, briefly exceeding $ 97,000. This reflects how sensitive capital flows remain towards softening signals at the macro level. While the structural differences between the two nations are far from resolved, the current political policy window can offer A short -term liquidity increase for digital assets, gold and technological stocks.
Powell launches: “It's not time to reduce rates”
On May 8, the Fed held the stable interest rates of 4.25% to 4.50% for the third consecutive meeting. Although this was widely expected, the president of the Fed, Jerome Powell, brought a significantly more prudent tone during the press conference:
- “It's not time for us to go with a drop in rate.”
- “The cost of waiting is relatively low.”
- “That we have cut this year depends on how things develop.”
The Fed is currently taken in a “Double connection”: On the one hand, disinflation has stalled, PCE and CPI both above the target of 2%. On the other, the budgetary position of the central bank deteriorates. A drop in rates of 25 to 30 points base points could rehash $ 20 billion on annual income, further reducing the Treasury Settings and raising concerns about the independence of Fed policy.
Consequently, despite the markets Three rate drops In 2025, the Fed was more likely to take a “Deputy data transition” approach.
Bitcoin market dynamics: macroeconomic data to dictate management
Despite the BTC rebound at around $ 99,000 in geopolitical and monetary optimism, the options market does not confirm a strong directional bias. Denial data show that volatility implicit June and July calls only increases the increase, while 25d Risk reversals remain neutral to slightly lowerAnd the biased curves are relatively flat. In particular, large gamma exhibitions are grouped around the range from $ 95,000 to $ 100,000, which indicates that BTC is currently trapped in a “high volatility and low conviction” area Waiting for macro catalysts.
If the data from the IPC and the employment for May – June remain hot, the Fed can resume expectations of lower rates –Risk a BTC recoil. Conversely, if inflation cools and unemployment is getting closer, Powell can pivot abusive, offering a green light so that BTC comes out of its volatility compression range and resumes its upward trend.
* The above content is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of an investment product.
About HTX research
HTX research is the dedicated research branch of the HTX group, responsible for carrying out in-depth analyzes, producing complete reports and providing expert assessments through a wide range of subjects, including cryptocurrency, blockchain technology and emerging market trends.
