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- Trump’s 100-Day Crypto Circus, BTC’s Chilling Out, and a $1M Bitcoin Prediction
Trump’s 100-Day Crypto Circus, BTC’s Chilling Out, and a $1M Bitcoin Prediction
Bitcoin volatility hits historic lows as Arthur Hayes sets sights on $1M BTC, while Trump’s crypto carnival sends markets spinning.
What’s up, Degens?
Strap on your helmets, 'cause the crypto rollercoaster’s still moving full throttle.
BTC’s volatility hit historic lows this week, usually a sign Bitcoin’s growing up, but meanwhile, Trump’s crypto-friendly reign has turned into a circus act, complete with memecoins, controversial dinners, and global trade-war drama.
And just when we thought things couldn't get wilder, Arthur Hayes drops a casual $1 million BTC price prediction.
Got your popcorn? Good, let's go.
THE RUNDOWN
Bitcoin Chills Out: Volatility plunged to its lowest in 563 days. Is BTC finally growing up or just catching its breath before liftoff?
Arthur Hayes’ Mega-Call: BitMEX co-founder boldly predicts Bitcoin hits $1M by 2028. You heard right—million-dollar BTC incoming?
Trump’s Wild Crypto Ride: The first 100 days saw memecoins, pardons, BTC reserves, and ethics scandals. Markets loved it, then hated it.
ETH and Friends Join U.S. Crypto Stockpile: Trump’s Bitcoin reserve also stores Ether, Solana, XRP, and Cardano. Maxis in disbelief.
Impeachment Over $300K Memecoin Dinners: Rumors swirl of pay-to-dine Trump memecoin dinners, triggering impeachment talk. Just another Tuesday in crypto.
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THE DEGEN DEN MAIN EVENT
🎪 Trump’s Crypto Circus: From Memecoins to Impeachment Threats
We’ve gotta talk about Trump.
His first 100 days back in office have been like watching a live-action episode of a Netflix crypto documentary, complete with villains, heroes, and at least one crypto dinner party scandal.
It all started with Trump launching his own memecoin, because apparently, presidents launching shitcoins is normal now.
You can read more about that here: Trump Memecoins Under Fire: The Rise, Fall, and Investigation
Add pardoning Ross Ulbricht, banning the digital dollar (to crypto libertarians’ delight), and stacking a “Strategic Bitcoin Reserve,” and you’ve got the crypto world partying like it's 2021 again.
Why Ross Ulbricht Is A #Bitcoin Legend
Launched the largest Bitcoin market at $0.50
Had 200,000 $BTC taken by the government
Serving a 2x life sentenceA thread.
— The Bitcoin Historian (@pete_rizzo_)
7:00 PM • Jun 5, 2024
But then, Trump kicked off global tariff wars; cue panic in BTC miners and ended up auctioning dinner with himself to TRUMP token whales for $300,000 a seat.
Seriously. One U.S. senator called it impeachable. Trump’s team denied, crypto Twitter laughed, and the drama continues.
Meanwhile, amid this absolute madness, BTC just hit the lowest volatility in 563 days, and Arthur Hayes is calling for a $1 million Bitcoin by 2028.

Bitcoin price targets 2030. Source: ARK Invest
Institutions piling in and ETF money flowing like champagne could make that absurd-sounding prediction less crazy by the day.
What a time to be alive.
Alright, degens, that’s your rundown.
Bitcoin’s acting stable, Trump’s acting wild, and Arthur Hayes is calling for ATH beyond our dreams.
Catch you next edition,
– The DegenDen Team 🚀
Arthur Hayes says BTC to $1M by 2028—what say you? |
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