Bitcoin (BTC) surged sharply and rebounded in the short term, temporarily trading at around $78,900 as of April 27. Trump’s provocative remarks about the shooting incident boosted the prices of meme coins such as TRUMP, MAGA, and DJT, because the carefully crafted narrative has once again come back into view. The U.S. Treasury has included Venmo in the payment channels for debt-donation remittances, while the previously strategic Bitcoin reserve bill has stalled.
Macro Events & Crypto Market Hot Topics
1、After the shooting incident at a journalist’s banquet, President Donald Trump made provocative comments, “This is inevitable,” which pushed up the prices of TRUMP, MAGA, and DJT tokens. Traders praised the resilience the president has shown. However, some still speculate that this incident and the previous one were likely deliberately planned to win public support, because approval ratings are still very low.
On Sunday, the White House posted a video on the X platform, in which Trump described political violence as part of a president’s life. The White House cited Trump as saying: “It’s inevitable. If you want to get the job done… just look at what some of our greatest presidents went through. People who don’t act won’t have to go through something like this… but it won’t make me back down.”
2、The U.S. Treasury has now accepted voluntary public debt payments made using PayPal and Venmo through its pay.gov forms. At the same time, a strategic Bitcoin reserve bill aimed at addressing the same fiscal issue has stalled in Congress. Donations average about $120,000 per month, with a total amount as high as $39 trillion. Interest expense alone is nearly $88 billion per month, far exceeding any voluntary donations.
The “Donations to Reduce Public Debt” program has been implemented since 1961 under U.S. Code Title 31, Section 3113. According to Treasury data, cumulative donations since 1996 have totaled about $67 million, and inflows for February 2026 are close to $30,000.
News Highlights
1、AAVE token goes live on the Solana network via Sunrise
2、U.S. media: Iran proposed an agreement to reopen the Strait to the U.S., but delayed nuclear talks
3、A certain whale withdrew all 300,000 SOL from staking and then transferred them to an exchange, worth about $26.07 million
4、Senator Tillis ends months of obstruction, clearing the way for the Fed chair position for Wаsh
5、Iran proposes a negotiation plan to resolve the issue in three stages
6、DeepSeek cache input price cuts
7、Michael Saylor posts Bitcoin Tracker-related updates again; this week may reveal accumulation data
8、Scallop: Will fully absorb a loss of 150,000 SUI due to an sSUI rewards pool vulnerability
9、Data: Tokens such as SUI, JUP, SIGN, etc. will see large unlocks next week, with SUI unlocking value of about $40 million
Market Trend
1、Latest on Bitcoin: $BTC sharply rises and rebounds in the short term, temporarily trading around $78,900. In the past 24 hours, $68.67 million was liquidated, with the main liquidation being long positions;
2、The three major U.S. stock indexes had mixed closes on April 27. The Nasdaq rose 1.6%, marking the fifth time this year it has refreshed its all-time high. The S&P 500 rose 0.8%, setting a new high for the ninth time this year. The Dow Jones Industrial Average fell 0.2%, two years after Intel was removed from its component list.
(Source: Gate)
3、In Gate’s BTC/USDT liquidation map, based on the current 79,251 USDT: if it drops to around $78,800, the total liquidation amount for long positions will exceed $516 million; if it rises to around $79,531, the total liquidation amount for short positions will exceed $190 million. The short-side liquidation amount is significantly lower than the long-side’s. It’s recommended to reasonably control leverage levels and avoid triggering large-scale liquidations when market conditions change.
(Source: Coinglass)
4、Within the past 24 hours, BTC spot inflows were $1.14 billion, outflows were $1.18 billion, and net outflows were $0.4 billion.
(Source: Coinglass)
5、In the past 24 hours, net outflows led for contract trading in $ETH, $BTC, $SOL, $DOGE, $ZBT , etc., indicating trading opportunities exist.
Selected Views from X KOLs
Phyrex Ni (@Phyrex_Ni): “The weekend passed without surprises or endless surprises. Neither Trump nor Iran showed any new nonsense. Even though there’s still a ceasefire, the flow of the Strait of Hormuz will probably take some time. Today’s biggest event should be Trump’s shooting case. The shooting during the election brought Trump a lot of attention. But this time, it doesn’t seem to be getting much attention, mainly also because Trump is a bit unpopular.”
“As the $BTC price has kept rising, I haven’t bought dual-asset financial management for three days. If I buy now and the interest rate is higher, it’s around $75,000. I’m not that interested at this price level. Previously, I just kept buying all the way down. I still prefer Bitcoin below $70,000. I wonder if there’s still a chance to buy.”
“If low-price buying for dual-asset financial management can’t keep going, I’m also a bit confused. Either I prepare a Bitcoin to buy the dip around $75,000 to do the high-sell—this price feels a bit like I’m getting ripped off. I’ll arrange a low buy at $75,500 first.”
“Going back to Bitcoin data, the weekend turnover rate and trading volume are still very low. This is all within expectations. Although the Strait of Hormuz hasn’t been resolved yet, the market consensus is that the U.S. and Iran almost certainly won’t take action again. So the risk market isn’t something to worry about for now, especially with $BTC still having a gap around $80,000, which should have a chance to be filled.”
Outlook for Today
1、UK April CBI retail sales expectations index; prior value was -49
2、New Zealand Australia and New Zealand Legion holiday—markets closed
