Bitcoin Returns to 90K! Trump vs JPMorgan: Who Will Win Crypto War?
Within just a week, BTC rebounded back to 90K. As the crypto world’s well-known candlestick painter, Trump surely won’t sit still and let Old Money dump on him.
In November, while everyone was frantically cutting positions and fleeing to safety, one major figure quietly had two publicly listed companies submit their holdings to the SEC.
$Trump Media & Technology(DJT)$ reported holding around 11,500 Bitcoin. The disclosure date was November 8, but the purchase happened even earlier — with an average cost of about $115,000 per BTC, leaving them roughly 30% underwater at current prices.
Meanwhile, American Bitcoin Corp, controlled by Trump’s two sons (Eric Trump & Donald Trump Jr.), holds 4,004 Bitcoin. Their cost basis is slightly lower — but still well above $100,000.
Trump moved extremely fast afterward.
First, last Friday, expectations for a December rate cut surged to 80%.
Then, U.S. officials publicly criticized JPMorgan’s anti-crypto stance, arguing it is undermining public trust in the banking system and pushing the digital asset industry out of the U.S. The crypto community quickly launched the “Boycott JPMorgan” wave.
$JPMorgan Chase(JPM)$ vs Trump: Why Did This Crypto War Start?
What we are witnessing is a head-on clash between two monetary systems:
• The Old Order: Driven by JPMorgan, Wall Street, and the Federal Reserve
• The New Order: Driven by the U.S. Treasury, stablecoins, and a digital architecture anchored by Bitcoin
Today, the Fed and commercial banks (led by JPMorgan) control nearly all USD creation. If issuance and settlement shift toward a Treasury + Stablecoin model in the future, banks will lose their power, profit streams, and dominance.
During last week’s crash, JPMorgan shorted both $Bitcoin(BTC.USD.CC)$ and $Strategy(MSTR)$
1) Shorting Bitcoin
Analysts claim JPMorgan applied a “gold-style suppression mechanism” — synthetic shorts and liquidity shocks — to control BTC price action.
2) Shorting MSTR
JPMorgan pushed MSCI to exclude companies with over 50% crypto exposure, putting MSTR at risk of $8.8B in outflows.
Historical Bitcoin Prices on Thanksgiving
2012: $12.20
2013: $1,031
2014: $376
2015: $357
2016: $735
2017: $10,058
2018: $4,257
2019: $7,463
2020: $17,717
2021: $57,248
2022: $16,215
2023: $37,035
2024: $95,380
2025: $91,222
Historically, BTC tends to surge dramatically in the year after each halving. But this year, on Thanksgiving, BTC is still below last year’s price.
Has Trump’s hype from last year already pulled forward all of BTC’s gains?
With Bitcoin back to $90K, who will win the crypto war?
Or JPMogran just wanna lower the BTC price to load up?
When will Trump and his sons break even on Bitcoin?
Surge or skyfall after the halving: which one may happen first?
Leave your comments to win tiger coins~
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Has Trump’s hype from last year already pulled forward all of BTC’s gains?
With Bitcoin back to $90K, who will win the crypto war?
Or JPMogran just wanna lower the BTC price to load up?
When will Trump and his sons break even on Bitcoin?
Surge or skyfall after the halving: which one may happen first?
Leave your comments to win tiger coins~
从历史上看,减半后的年份BTC价格远高于感恩节前的价格,但2025年则落后了。我认为特朗普对2024年的炒作推动了涨幅。即便如此,当叙事发生转变时,BTC往往会快速重新定价,如果势头恢复,特朗普在100-115k左右的盈亏平衡也不远了。
至于飙升或暴跌,我预计首先会出现震荡——机构总是更喜欢购买恐惧。但从结构上来说,我仍然倾向于看涨,因为压制通常会为下一步上涨积累能量。
@TigerStars @Tiger_comments @Crypto加密虎
部分地。政治乐观情绪提早提振了价格,但ETF流入和流动性仍然推动了BTC的大部分走势。并非所有未来收益都已耗尽。
2.随着BTC接近90K,谁正在赢得加密货币战争?
比特币作为机构“数字黄金”领先。以太币仍然主导着智能合约的使用,而Solana则引领着高速应用。总体来看,机构才是真正的赢家。
3.摩根大通是否在压低价格以增加负载?
不太可能的。比特币的调整主要来自杠杆消除和获利了结,而不是银行策划的崩溃。
4、特朗普父子何时能收支平衡?
报告显示条目在55k-75k左右。在90K的时候,他们可能已经盈利了,除非他们平均上涨。
5、减半后暴涨还是天崩地裂?
更有可能的是先软下跌或横盘整理,然后随着流动性改善而出现中期飙升。天崩地裂需要大震,现在是小概率。
Check them in the history - “community distribution“
JPMorgan $JPMorgan Chase(JPM)$ side : Cautious, risk focused and sometimes accused of suppressing Bitcoin linked equities.
The real winner may not be either. It is the market itself, where emotional sentiments, regulation and institutional flows decide the outcome more than political or banking rivalry.
@Tiger_comments @TigerStars @Tiger_SG @TigerClub @CaptainTiger
I am watching the usual beta names. CRCL and RZLV move fastest when liquidity returns. COIN and MARA track volume more than price. And MSTR will react the hardest if funds reverse flows.
Not financial advice. Trade wisely, Comrades!
11月,當大家都在瘋狂減倉避險時,一位大人物悄然兩家公開上市公司向SEC提交他們的持股。
$特朗普媒體與技術(DJT)$報告持有量約11,500名比特幣披露日期是11月8日,但購買發生得更早——平均成本爲每BTC約115,000美元,離開他們大約30%在水下按當前價格計算。
Battle lines (like policy) can change at a whim, the fallout when measured against personal gain irrelevant.
Bitcoin always volatile, always narrative sensitive... Trump just a blip in a far bigger, and longer lived picture.
But even stable coin cannot be lumped in with currencies like the USD.
Stablecoins do not have monetary authorities behind them, where in the case of USD if a bank run occurs, the Feds can print currency to prevent the dollar from cratering (that does not happen for Stablecoins obviously...)
Just leave it as currency VS bitcoin... don't involve stablecoins, that is a different sort of asset
Great article, would you like to share it?