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Cryptocurrency News Articles

A wave of speculation swept through the crypto markets

May 03, 2025 at 01:45 am

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

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 remains uncertain since it could become another brief speculating period in the history of cryptocurrency.

Related: CZ denies WSJ report of Trump family deal for Binance.US, calls it an attack on crypto

Retail traders streamed into the market during this recent development due to the anticipated major market advancement. Although the Trump–CZ alliance stands uncertain, the retail trading community has centered its attention on this rumor. Analysts are observing whether Trump’s partnership with CZ will have an impact on market dynamics, or this will prove to be a brief surge in crypto buzz.

The future trajectory of crypto continues to be uncertain for the community in May 2025. The partnership between Trump and CZ may lead to renewed popularity for BNB, but the trend might similarly disappear like other rumors. The crypto industry will demonstrate whether this partnership created an enduring market transformation or is another short-lived trend in the volatile cryptocurrency space.

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