Trump's Request for National Security Council Signals Urgency: Potential Impact on Crypto Market Sentiment
According to Crypto Rover, former President Trump has requested the National Security Council be ready in the situation room upon his return to Washington D.C. tonight, an event described as highly rare (source: Crypto Rover on Twitter, June 17, 2025). This unusual move may heighten market uncertainty and volatility, particularly in risk-sensitive sectors like cryptocurrency. Traders should closely monitor BTC and ETH price action and overall crypto market sentiment, as geopolitical developments and unexpected political events historically lead to increased volatility and trading volume in major cryptocurrencies.
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From a trading perspective, this NSC development could create short-term opportunities in the crypto market as correlations with traditional markets shift. Historically, geopolitical events have led to increased Bitcoin dominance, as seen during past crises, with BTC often acting as a hedge against fiat currency devaluation or stock market downturns. As of 4:15 PM UTC on June 17, 2025, Bitcoin dominance rose to 54.3%, up 0.7% from earlier in the day, based on data from CoinMarketCap. Ethereum (ETH), trading at $3,450 with a 0.9% increase in the same timeframe on Kraken, also saw a surge in trading volume by 10% to $35 billion across major pairs. For traders, this suggests potential breakout opportunities in BTC/USD and ETH/USD pairs if geopolitical tensions escalate further. Additionally, crypto-related stocks like Coinbase Global Inc. (COIN) saw a modest gain of 1.1% to $225.50 by 4:30 PM UTC on the NASDAQ, contrasting with the broader market decline. This indicates that institutional money may be flowing into crypto-adjacent equities as a proxy for digital asset exposure during uncertainty. The correlation between COIN and BTC remains strong at 0.85 over the past week, per data from financial analytics platforms, suggesting that stock market movements in crypto-related firms could amplify volatility in underlying tokens.
Delving into technical indicators, Bitcoin’s Relative Strength Index (RSI) on the 4-hour chart stood at 58 as of 5:00 PM UTC on June 17, 2025, signaling neither overbought nor oversold conditions but a potential for upward momentum if buying pressure continues. The Moving Average Convergence Divergence (MACD) showed a bullish crossover at the same timestamp, hinting at growing positive sentiment. On-chain metrics further support this, with Glassnode data revealing a 12% increase in BTC wallet addresses holding over 1 BTC between 2:00 PM and 5:00 PM UTC, suggesting accumulation by larger players. Trading volume for BTC/USDT on Binance reached $18.5 billion in the 24 hours leading up to 5:15 PM UTC, a clear spike compared to the $15.2 billion average over the prior week. In terms of stock-crypto correlation, the S&P 500’s negative movement contrasts with crypto’s resilience, with a rolling 30-day correlation coefficient between BTC and the S&P 500 dropping to 0.42 as of today, down from 0.55 a week ago, per market data aggregators. This decoupling highlights crypto’s potential as a diversification tool during geopolitical stress. Institutional impact is also evident, as crypto ETF inflows, particularly for Bitcoin Spot ETFs, rose by $120 million in the last 24 hours as of 5:30 PM UTC, according to reports from financial tracking services. For traders, monitoring altcoin pairs like SOL/USDT and ADA/USDT, which saw volume increases of 7% and 5% respectively by 5:45 PM UTC, could uncover additional opportunities as market sentiment evolves in response to this rare NSC mobilization.
Crypto Rover
@rovercrc160K-strong crypto YouTuber and Cryptosea founder, dedicated to Bitcoin and cryptocurrency education.