Truth Social

Chaos

Bitcoin

President Trump

Bitcoin’s price dropped to $103,700, driven lower by continued bear market pressure. Former President Trump recently voiced his call to immediately end the government shutdown. Meanwhile, the U.S. Treasury Secretary’s comments have been disappointing concerning NVIDIA. The decline in Bitcoin has been followed by an even more severe downturn in <a href="https://en.coin-turk.com/bitcoin-soars-to-all-time-high-before-sudden-drop/" rel="noopener noreferrer nofollow">altcoins</a>, perpetuating a state of turmoil.
<h2 id="ongoing-bitcoin-decline">Ongoing Bitcoin Decline</h2>
At the time of writing, Bitcoin was reaching new daily lows. U.S. Treasury Secretary Bessent asserted firmly in his recent statements that the Supreme Court cannot block Trump’s tariffs. Should it become necessary, alternative measures will be employed to maintain these sanctions. This persistent uncertainty and tension throughout the year have consistently negatively impacted <a href="https://en.coin-turk.com/common-mistakes-in-bitcoin-and-altcoin-investments/" rel="noopener noreferrer nofollow">cryptocurrencies</a>, and the situation remains unchanged today.
The key points from the Treasury Secretary’s remarks include:
<blockquote>
 “Depending on the Supreme Court’s decision, numerous other authorities may be deployed.
 NVIDIA Blackwell chips are among the most valuable assets. These chips could potentially be sold to China if they become obsolete, providing a rationale for future transactions.
 Trump stands out as a leader respected by China’s President Xi.
 Trump and President Xi may meet at the upcoming G-20 or APEC summit next year.”
</blockquote>
<img loading="lazy" src="https://coin-turk.com/wp-content/uploads/2025/11/BTCUSDT_2025-11-04_16-26-23.png" alt="" width="1814" height="868">
With these statements, the BTC price started its descent.
<h2 id="trump-s-urgent-appeal">Trump’s Urgent Appeal</h2>
On his Truth Social account, Trump expressed: “Failure to end the filibuster will increase Democrats’ chances of winning midterms and the next presidential elections.
<blockquote>
 The coming elections, including midterms, will be fiercely contested. Ending the filibuster will enable Congress to approve EVERYTHING unprecedentedly. We will ensure FAIR, FREE, and SECURE elections with strengthened borders, major tax and energy cuts, and protection for the Second Amendment, which Democrats intend to terminate suddenly. Without this, the upcoming elections favor their success, potentially leading to a Supreme Court filling, two new states, four new Democratic senators (D.C. and Puerto Rico), and eight more electoral votes. Remember, Republicans will end the filibuster once given the chance.
 END THE FILIBUSTER NOW, STOP THE GOVERNMENT SHUTDOWN IMMEDIATELY,” he declared.
</blockquote>
The term “filibuster” is also synonymous with the Senate’s failure to pass the budget law. Trump’s urgent appeal stems from frustration over Democrats blocking the budget legislation, urging immediate resolution.
The post <a href="https://en.coin-turk.com/trump-and-treasury-secretary-address-stir-bitcoin-chaos/" rel="noopener noreferrer nofollow">Trump and Treasury Secretary Address Stir Bitcoin Chaos</a> appeared first on <a href="https://en.coin-turk.com" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.

Trump and Treasury Secretary Address Stir Bitcoin Chaos

Table of Contents

COINTURK NEWS

Other articles published on Nov 4, 2025

Join our free newsletter for daily crypto updates!