Trump's social media posts and policy announcements have triggered swings of 5–12% in bitcoin's price, blurring the line between policy and market manipulation. From his 2019 "Not a Fan" tweet that dropped BTC 7% in 45 minutes, to the Strait of Hormuz ceasefire signal that sent it to $78K last Friday, the pattern is consistent: Trump speaks, markets move. With peace talks and the CLARITY Act both at inflection points, this week may be the most consequential yet for bitcoin's price.
Coinbase and Bybit are in active discussions to tokenize, custody, and globally distribute U.S. public and pre-IPO stocks, a person directly involved in the talks told CoinDesk. The collaboration would give Bybit's large international user base — particularly in Asia — access to U.S. equities on-chain, with Coinbase providing regulatory infrastructure. The talks don't involve any equity stake or Bybit's separate U.S. entry plans, which will involve a different local partner.
International progress on stablecoin standards has stalled, with BIS General Manager Pablo Hernández de Cos warning that divergent national frameworks could cause "severe market fragmentation" and encourage harmful regulatory arbitrage. Speaking at a Bank of Japan seminar in Tokyo, he called for coordinated global rules as the $320 billion stablecoin market grows. Proposals on the table include limiting interest payments and giving issuers access to central bank backstops — while in the U.S., a CLARITY Act markup could come as soon as late April.
