Crypto news this week saw Bitcoin drop 3%, the market follow suit, news of Changpeng Zhao’s pardon, and Trump making headlines. Coinbase listed BNB unexpectedly, the US stock market closed strong, and Bitcoin hesitated around $111,000 with the overall market cap at $3.8 trillion.

BNB briefly surged after CZ’s pardon, DeFi value locked hit $152 billion, up 1.6%, and Bitcoin rose 4.3% to nearly $112,000. Whale wallets are active, RSI is neutral at 47, and a move up could be imminent once $114K is cleared.

Trump’s executive order to build a national Bitcoin reserve shook the market, coinciding with a strong US stock market. The Dow broke 47,000, the S&P 500 rose 0.8% to 6,791, and the Nasdaq climbed 1.1%. A softer CPI print has traders favoring riskier assets.

As Bitcoin lags, all eyes are on Fed speakers and CPI revisions. Stablecoin data is at a record high of $309 billion, with capital flowing into the market. If Bitcoin holds $111K, altcoins may rise, and the current lag is likely temporary.

Read more at Yahoo Finance: US Stock Market Ends Wild Week in Green, Trump Crypto Push Turns Heads as Bitcoin Price Trails