Andrew Kang (@Rewkang), founder of Mechanism Capital, doubles his Bitcoin position with a bold $200M long. Following a $100M bet tied to a Trump post on Truth Social, markets react to a 90-day pause on tariffs, sending crypto and stocks on a rollercoaster. The Senate raises eyebrows, calling for a probe into potential insider trading linked to Trump's "buy" proclamation.
While BTC experiences volatility, the narrative reflects a tangled web of crypto speculation, U.S. political drama, and economic maneuvers. How this saga unfolds impacts more than just numbers on a screen – it underscores the volatile interplay of politics and digital currencies.