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news-imageApril 8, 2025

Bitcoin, Ethereum and the Crypto Market Fall Sharply Following Trump's Announcement of New Tariffs

TL;DR The new 104% tariff hike imposed by the United States on Chinese products has intensified the trade conflict and triggered a sharp reaction across the markets. Bitcoin fell to $77,400 and Ethereum to $1,480, while more than $1.5 billion was liquidated in a single day.
Publisher: Crypto Economy
Sentiment: Negative
BTC
ETH

More News Articles

Negative
cover-imageBenzinga
April 17, 2025

Millennium Management's Bitcoin And Ethereum ETFs Purchased In Q4 Suffer $22.7 Million Loss Amid Crypto Slump

Israel Englander‘s Millennium Management purchased Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded funds in the fourth quarter, according to a February 14 13F-HR filing with the U.S. Securities and Exchange Commission, but these investments have significantly declined in value. What Happened: The $75 billion hedge fund acquired positions in the Grayscale Bitcoin Mini Trust ETF and the Grayscale Ethereum Mini Trust ETF, which have both suffered substantial losses as of Wednesday.

Positive
cover-imageThe Motley Fool
April 17, 2025

This 1 Metric Shows Ethereum Soaring Over Solana and Cardano. But Is It a Buy?

Ethereum's (ETH 1.04%) price decline of 48% during the past 12 months leaves it badly lagging behind both Solana (SOL 6.07%), which gained 32%, and Cardano (ADA 1.37%), which lost just 7% of its value. But there's one important metric about developers on the chain that seems to suggest that better times might be ahead -- or at least that some of Ethereum's biggest strengths are still in play despite its poor price performance recently.

Positive
cover-imageNewsBTC
April 17, 2025

Bitcoin Sentiment Still Close To Extreme Fear—Green Sign For Recovery?

Data shows the Bitcoin sentiment is currently not far from the extreme fear region, something that could be positive for the asset's recovery. Bitcoin Fear & Greed Index Is Deep Into The Fear Zone The “Fear & Greed Index” is an indicator made by Alternative that tells us about the average sentiment present among the traders in the Bitcoin and wider cryptocurrency markets.

Negative
cover-imageUToday
April 17, 2025

'Bitcoin Will Crash': Schiff's Grim Prediction

With a pessimistic new forecast, Peter Schiff, a longtime opponent of Bitcoin and supporter of gold, has stirred up controversy in the financial community. According to Schiff's most recent comments, Bitcoin pumpers and their "paid shills" on CNBC are making a big deal about Bitcoin's resiliency, as it has not dropped as much as the NASDAQ lately.

Positive
cover-imageBitcoinist
April 17, 2025

Bitcoin Core V29 Ends Battle Dating Back To Satoshi

Bitcoin Core v29 has just been released, signaling the resolution of a debate within the Bitcoin community that stretches all the way back to the days when Satoshi Nakamoto was still actively discussing new ideas on Bitcointalk. The announcement arrived with a statement in the release notes explaining that, starting with v28.

Negative
cover-imageCoinPedia
April 17, 2025

Bitcoin Sell-Off: Who's Really Dumping It?

Lately, there has been a huge sell-off in Bitcoin amid the uncertain macro environment and fears of a trade war driven by Trump tariffs. But who are these selling the Bitcoins? Is it the institutions, whales or the retailers dumping it? Lets find out.

Positive
cover-imageCointelegraph
April 17, 2025

Bitcoin online chatter flips bullish as price chops at $85K: Santiment

The tone of Bitcoin-related social media posts has flipped to bullish according to crypto analytics platform Santiment, despite Bitcoin continuing to swing around $85,000.“Traders are showing optimism that BTC can regain $90K, which will likely be dependent on tariff and global economy news as the week progresses,” Santiment said in an April 16 X post.

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