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news-imageApril 3, 2025

Bitcoin Facing Instant sell-offs, Gold Taps $3,150 All-Time High fter Trump Slammed Tariffs on India and UK

Bitcoin plunged as low as $82,143 on Wednesday as Trump's sweeping tariffs shook global markets. With multiple nations including India and the United Kingdom (UK), now weighing retaliatory responses, BTC price remains at risk as safety trades drive Gold (XAU) price to all time highs near $3,200.
Publisher: Coingape
Sentiment: Negative
BTC

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Negative
cover-imageBenzinga
April 3, 2025

Bitcoin, Ethereum, XRP, Dogecoin Dump On Tariff News

Cryptocurrency markets are trading lower on Thursday, following a significant decline in traditional financial markets. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,025.41 -5.1% Ethereum (CRYPTO: ETH) $1,785.61 -6.5% Solana (CRYPTO: SOL) $115.31 -11.7% XRP (CRYPTO: XRP) $2.05 -4.6% Dogecoin (CRYPTO: DOGE) $0.1587 -8.5% Shiba Inu (CRYPTO: SHIB) $0.00001221 -3.6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 7.5% and daily active addresses falling by 6%.

Negative
cover-imageBenzinga
April 3, 2025

Are Bitcoin And The S&P 500 Heading For A Death Cross?

Technical indicators alongside macro-economic factors are prompting analysts to predict further downward momentum for the SPDR S&P 500 ETF Trust (NYSE:SPY) and Bitcoin (CRYPTO: BTC). What Happened: In a podcast on Thursday, prominen analyst Benjamin Cowen warned that the S&P 500's decline could extend into April, resembling past market downturns that have had ripple effects across both equities and crypto.

Positive
cover-imageCointelegraph
April 3, 2025

Cango sells legacy China business, goes all-in on Bitcoin mining: Report

Cango, a publicly traded Chinese conglomerate, has agreed to sell its legacy China operations to an entity associated with peer Bitmain in a bid to go all-in on Bitcoin (BTC) mining, according to a report by The Miner Mag. Cango agreed to sell its legacy Chinese auto financing business to Ursalpha Digital Limited in a $352 million deal, according to the report.

Negative
cover-imageBenzinga
April 3, 2025

Bitcoin, Ethereum, XRP Down Since The Start Of 2025: Would A President Harris Have Been Better For Crypto?

Cryptocurrency traders on social media are debating whether a hypothetical Harris presidency may have been a better long-term outcome for the sector, given the poor performance of cryptocurrencies since President Trump took office. What Happened: Pseudonymous trader Pickle outlined a "what-if" scenario in a post on X on Thursday, comparing how cryptocurrencies would have performed if Kamala Harris had won the presidency.

Negative
cover-imageBitcoin
April 3, 2025

Bitcoin Tumbles After Trump Tariff Bombshell

The leading digital asset fell sharply after Trump's Wednesday tariff announcement and has since been languishing below $82K. BTC Dives as Trump's Tariffs Roil Markets President Donald Trump announced aggressive new U.S. tariffs on more than 100 countries on Wednesday afternoon, sending bitcoin ( BTC) plunging to $81K from yesterday's high of more than $88K.

Negative
cover-imageCoinPedia
April 3, 2025

Why is Bitcoin (BTC) Price Crashing?

After the tariff announcement by United States President Donald Trump, the overall cryptocurrency market witnessed a massive sell-off. Amid this, Bitcoin (BTC), the world's largest cryptocurrency by market cap, sank over 6%, turned bearish, and is now poised for a significant price decline.

Positive
cover-imageBenzinga
April 3, 2025

99% Of Americans Know Bitcoin, But Only 91% Know Dogecoin: Why?

One in five American adults own crypto, with 76% viewing it as having a positive impact on their lives, according to a report conducted by the National Cryptocurrency Association. What Happened: The 2025 State of Crypto Holders Report surveyed 54,000 respondents between late January and early February 2025, showing that 49% of respondents cite increased financial independence as a benefit of cryptocurrency.

Positive
cover-imageBitcoin
April 3, 2025

Cango to Offload Chinese Assets for $352M, Eyes Bitcoin Mining Growth

Cango Inc., the 14th-largest publicly listed bitcoin miner by market cap, has entered definitive agreements to sell its China-based operations to Ursalpha Digital Limited for $351.94 million, accelerating its focus on global bitcoin mining. Cango Sheds PRC Operations to Fuel Mining Ambitions Cango's (NYSE: CANG) cash deal includes an initial payment of $210.

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