Bitcoin Jumps 7% After Trump's Tax Holiday – How Steemit Can Seize This Opportunity?

Hello everyone! Here’s some good news for the crypto world! According to Investopedia (April 9, 2025), Bitcoin has jumped more than 7% to $82,305.55 after President Trump announced a 90-day pause on tariffs on countries that do not retaliate against the United States. The move has revived the crypto market after Bitcoin’s decline from its January high of $109,350.72. According to CNBC (April 6, 2025), Bitcoin is down 16% this year due to concerns over a global recession.

More interestingly, TradingView News (April 10, 2025) reported that the SEC recently settled a case against Helium Network for allegedly issuing securities without registration. This could be a sign that regulations in the crypto space are easing, which could boost confidence for new investors. Additionally, leading publicly traded Bitcoin mining companies mined nearly $800 million worth of Bitcoin in the first quarter of 2025, showing that the industry is still growing strongly. Despite the volatility of the price,

For Steemit, I see this as a golden opportunity for us to attract new users who are interested in crypto to our platform! Imagine if there were new investors who were just excited about the surge in Bitcoin and wanted to learn more about crypto, Steemit would be the perfect platform for them because we could create valuable content like “Bitcoin Investment Strategies Amidst Volatility” or “How to Start Mining Bitcoin for Beginners” and also get rewards in STEEM and TRX.

However, we also need to be careful about the volatility of the rewards on Steemit. Right now, STEEM is at $0.12 and TRX is at $0.24. If we do the math, 1,000 STEEM would be worth $120. But if STEEM drops to $0.10, the rewards will be reduced to $100, which could affect our income. Another concern is that an article from Forbes (April 8, 2025) said that MicroStrategy, the company with the largest Bitcoin holding among listed companies, may have to sell some Bitcoin to pay off its debt if the Bitcoin price drops sharply, which could put more pressure on the market to be volatile.

I think we should take this opportunity to create some Bitcoin-related content to attract attention, such as analyzing Bitcoin price trends or sharing crypto market risk management tips. What topics do you think we should focus on? Or do you have other ideas to help make Steemit more lively? Let's talk!