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Tag: Bitcoin

Tariffs Tank Crypto: A Week of Turmoil

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Today, April 8, 2025, the crypto market is reeling from a brutal week. Bitcoin plummeted to a 2025 low of $74,425, driven by fears of Trump’s sweeping tariffs that erased its earlier climb to nearly $90,000. The sell-off wasn’t isolated—tariffs sparked a $1.3 trillion market crash, dragging down majors like Ethereum and XRP. Yet, amid the chaos, Bitcoin clawed back to $78,000+, a flicker of resilience that’s keeping traders on edge. Analysts...

Bitcoin, Cryptocurrencies

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Crypto Market Plunge: Bitcoin $77k

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Crypto markets saw a significant plunge. Bitcoin dropping nearly 5% amid global trade tensions. Approximately $1.5 billion in crypto positions were liquidated due to the market volatility. Former President Donald Trump’s tariff threats have sparked investor fear, contributing to the market downturn. Investors advice The cryptocurrency market witnessed a significant downturn, with Bitcoin leading the plunge by dropping...

Bitcoin, Cryptocurrencies, Front page, News

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“Liberation Day”

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President Trump imposed a 10% tariff on all U.S. imports, effective April 5. With higher rates up to 49% for countries like Cambodia. Aiming to protect domestic industries and reduce a $1.2 trillion trade deficit from 2024. 25% tariff on foreign cars started April 3, impacting the automotive sector. Potentially raising prices by thousands and affecting countries like Mexico and Germany. Tariffs causing significant crypto...

Bitcoin, Front page, News

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Bitcoin whales have added USD $11 billion BTC

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Bitcoin whales have accumulated over $11 billion worth of BTC in the past two weeks. Adding more than 129,000 BTC despite a recent price correction, suggesting optimism. This accumulation may portend another price surge, backed by the history of bitcoin and its spikes. Whales seeing value at current levels, potentially influencing market sentiment, but other factors like regulation could also impact prices. Bitcoin...

Bitcoin, Front page, News

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Donald Trump announces New Tariffs, Threatens Europe and Canada as well

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President Trump announces new tariffs on auto imports, effective April 2, 2025. The tariffs triggered a market drop, with Bitcoin falling below $86k. Additional threats of larger tariffs for the EU and Canada fuel further concerns. Cryptocurrency markets face volatility as traders react to trade uncertainty. President Donald Trump revealed new tariffs aimed at boosting the U.S. automotive sector. The measure, which...

Bitcoin, Front page, News

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