Trump-CZ Rumors Fuel 10% Bitcoin Surge, BNB Price Jumps

Generated by AI AgentCoin World
Friday, May 2, 2025 2:22 pm ET1min read

In March 2025, rumors of a potential

between former Binance CEO Changpeng Zhao (CZ) and U.S. President Donald Trump sparked significant speculation across the crypto market. This potential partnership had major implications for the trading of cryptocurrencies, with Bitcoin reaching the $94k—$96k mark. Traders, sensing an opportunity, shifted their focus to altcoins and meme coins in search of higher gains.

As Bitcoin's price surged to $95K in late April, the altcoin market gained even more momentum. During the final eight days of the month, Bitcoin experienced a modest 7% increase, but overall, it showed a 10% growth. This market surge fueled retail traders to invest aggressively in volatile meme coins and marginal investments, displaying characteristics of the “greed-driven” period that followed the FTX collapse in 2023.

The rumors about Trump partnering with

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, the excitement quickly faded 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.

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.