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Tag: Tariffs

Crypto Market Surge Following Trump’s Tariff Pause

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Crypto markets surged with Bitcoin up 7%, Ethereum up 12%, and Solana (SOL) up 13% following Trump’s tariff pause. This rally reflects investor relief from reduced trade policy uncertainty. The impact highlights the interconnectedness of global trade and digital finance. Experts suggest this is a temporary boost, urging caution as tariff negotiations could influence future market volatility. Cryptocurrency markets...

Cryptocurrencies, Donald Trump, Front page, News, Tariffs

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Where is Trump’s Promise to be the Crypto Mining Powerhouse?

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Trump’s new tariff are likely increasing costs for U.S. Bitcoin miners reliant on Asian hardware. Supply chains for Bitcoin mining, concentrated in Asia, face disruptions. These policies challenge Trump’s promise to make the U.S. a mining powerhouse. U.S. miners are at immediate risk, with potential profit margin squeezes and slowed expansion due to higher equipment costs. Miners might adapt by seeking domestic...

Blockchain, Crypto Mining, Cryptocurrencies, Front page, News, Tariffs

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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, Donald Trump, Tariffs

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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, Donald Trump, Front page, News, Tariffs

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Cryptocurrency Market Reactions to “Liberation Day”

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Bitcoin plunged 6% on April 2, 2025, due to Trump’s tariff announcements. $500 million in liquidations reported. Ethereum, Solana, and XRP dropped 6% to 12%, reflecting market sensitivity to trade policies. Trump’s tariffs, including a 10% baseline and 34% on China, fueling fears of a global trade war, with China retaliating on April 4, 2025, with 34% tariffs on U.S. imports. Tariffs could push investors toward...

Donald Trump, Front page, News, Tariffs

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