Bitcoin dipped 0.3% to $83,121.50 early Friday, weighed down by a broad market selloff sparked by sweeping U.S. tariffs. President Donald Trump announced a 10% universal tariff on all imports starting April 5, 2025, along with reciprocal tariffs targeting countries with high trade barriers against U.S. products.
Crypto markets are showing signs of a rebound after a volatile week driven by U.S. tariff announcements and growing speculation around upcoming economic data and Federal Reserve rate cuts. Traders are shifting their focus from past headwinds to future catalysts, with expectations of a bitcoin (BTC) bounce in the short term.
Bitcoin is stabilizing at $84,000 after a period of erratic trading, showing signs of renewed strength as market uncertainty fades. The official announcement of long-anticipated tariffs has removed a major regulatory overhang, restoring investor confidence and reducing fears of unexpected policy shocks that had been weighing on crypto markets.
Bitcoins reputation as digital gold is under scrutiny again, with JPMorgan highlighting its increasing correlation with U.S. equities. The banking giant notes that Bitcoins behavior aligns more with risk assets than a safe-haven asset, especially amid rising global trade tensions and market volatility.
While the crypto market faced intense volatility, Bitcoin ETFs quietly made strategic moves that signal a deeper shift in investor sentiment. Over the past 24 hours, nearly 200,000 traders were liquidated, wiping out $567.99 million$370.27 million from long positions and $197.84 million from shorts.
Trump's new tariff policy is poised to disrupt the U.S. Bitcoin mining industry, as China—the world's biggest supplier of mining equipment—faces a steep 34% export tariff, putting pressure on American miners' ROI.
While some policymakers have described Bitcoin as a store of value, its recent price action seems to suggest it's being treated more like a high-beta tech stock.
The Facilitate Lower Atmospheric Released Emissions (FLARE) Act encourages on-site energy generation. It does this by turning wasted natural gas into a useful power source for Bitcoin mining.
Bitcoin holds above $84K as Enish buys BTC, Cango pivots to mining, and CEX listings outperform Nasdaq, signaling rising institutional momentum. The post Institutional Tailwinds Build as Bitcoin Holds $84K — Enish, Cango & CEX Fuel Momentum appeared first on Cryptonews.
Bitcoin's price stability above March lows in the wake of Trump tariffs suggests seller fatigue.
On Thursday, U.S. spot Bitcoin ETFs faced $99.86 million in net outflows as the stock market slumped following Trump's tariff announcement. Grayscale's GBTC was hit the hardest with $60.2 million leaving, followed by Bitwise BITB with $44.19 million and Fidelity FBTC with $23.27 million.
Investors who might have heeded Eric Trump's advice and bought Bitcoin's (CRYPTO: BTC) dip have had little to rejoice, as the apex cryptocurrency has failed to chart a bullish reversal. What happened: In an X post on Feb. 25, the Executive Vice President of The Trump Organization wrote, “₿uy the dips,” using the recognizable symbol of the world's largest cryptocurrency The recommendation, which came shortly after Bitcoin fell below $90,000, elicited reactions from the who's who of the cryptocurrency industry, including Strategy Executive Chairman Michael Saylor, who called it, "The ₿est Advice.
Bitcoin struggles below $83,500 with mixed technical signals as market sentiment worsens, but macroeconomic factors may eventually trigger a new rally.
While Bitcoin has retreated by 25% from its all-time high of over $109,000, an unexpected movement is emerging: whales are returning to their purchases. These large wallets, often seen as market barometers, are marking their first real return to accumulation since August 2024, according to Glassnode.
Is Bitcoin's growing dominance a warning — or the calm before a breakout?
Early-stage investment in Bitcoin-native startups rose in 2024, even as overall funding dropped, with deals up 32% and pre-seed activity climbing 50%. The post Early-Stage Deals for Bitcoin Startups Jumped in 2024, Defying Broader Market Trends appeared first on Cryptonews.
Retail investors are showing a growing preference for XRP (XRP) over Bitcoin (BTC), according to recent on-chain data from Glassnode. The data highlights a dramatic 490% surge in XRP's quarterly average of daily active addresses.
The crypto markets were heavily consolidating ahead of Trump's Liberation Day, where new tariffs were announced on various countries. Following the event, the US markets were disrupted and faced huge consequences not seen since 2020. The US tax hike was also massive, the highest since 1968, increasing the uncertainty over the markets.
Spot bitcoin ETFs in the U.S. saw $99.86 million leave the products on Thursday, reversing the previous day's inflows of $220.76 million.
In a bold move, the popular AI trading powerhouse, AlgosOne, has rejected a series of acquisition offers ranging from $250 to $500, from leading global investment firms and tech giants. Instead, the project leadership is doubling down, and betting big on its upcoming AIAO token launch, later this quarter, which promises to give the opportunity for lucrative returns for its early investors.
A trader and analyst who accurately predicted the crypto bottom in November of 2022 is warning that Bitcoin (BTC) may be on the verge of a downtrend. In a new video, the trader pseudonymously known as DonAlt tells 66,200 subscribers of the TechnicalRoundup YouTube channel that Bitcoin remains at high risk of plummeting in value.
The crypto market today has resumed its business with sentiments being unchanged over the previous day. Talking about numbers, the market cap has sunk 1.38% since yesterday to $2.65 trillion. The trading volume has taken a shot down 32.13% to $88.91 billion.
The crypto market is set to see $2.58 billion in Bitcoin and Ethereum options expire today, a development that could trigger short-term price volatility and impact traders' profitability.
Bitcoin's price appears to have resumed its downward trajectory after briefly recovering to the $87,000 level earlier this week. At the time of writing, Bitcoin has experienced a 5.7% decline in the past 24 hours, bringing its price significantly below recent highs.
The Crypto Fear and Greed Index dropped to 25 yesterday, signaling “Extreme Fear” in the cryptocurrency market. Yet, an analyst suggests that the current panic might be exaggerated, largely driven by recency bias.
BitMEX co-founder Arthur Hayes says US President Donald Trump's tariffs may rattle the global economy in some ways, but that same disruption could be exactly what Bitcoin needs to rally.“Global imbalances will be corrected, and the pain papered over with printed money, which is good for BTC,” Hayes said in an April 3 X post.
Despite a 1000-point crash on Nasdaq on Thursday, Bitcoin and altcoins are showing some resilience as crypto market investors seem to be looking past the Trump tariff developments. BTC price today is down by just 1% to $82,698 after facing strong volatility earlier this week.
Data shows markets are pricing in four rate cuts in 2025 — 0.25 bps each in June, July, September and December. Rate cuts occur when a central bank, like the Federal Reserve, lowers interest rates to stimulate economic growth by making borrowing cheaper.
The EU's response to Trump's tariffs has sent the EUR/USD soaring. What does this mean for crypto companies?
Strategy co-founder Michael Saylor has explained that Bitcoin is trading like a risk asset in the short term because it is supposedly the most liquid and salable asset on the planet.
Crypto trader CarpeNoctom outlined his thoughts on how US Dollar Index (DXY) could help shape the bull for Bitcoin price. With the sweeping tariffs from Donald Trump, the stock and crypto markets have become correlated and are sensitive to macroeconomic developments.
Is Bitcoin losing its status as "digital gold"? JPMorgan reveals a massive shift toward gold.
Enish, a Tokyo Stock Exchange-listed gaming company, has announced the purchase of 100 million yen ($660,000) worth of bitcoin. The investment aligns with the company's strategy to deepen blockchain integration in game development and diversify financial assets. Enish Strengthens Blockchain Game Development With Addition of Bitcoin to Financial Strategy Japanese game developer Enish Co.
Bitcoin's liquidity and volatility make it a short-term risk proxy, impacting its perception and use in financial strategies. The post Saylor says Bitcoin's deep liquidity turns it into a short-term risk proxy appeared first on Crypto Briefing.
Bitcoin is trading at critical levels after spending over a month struggling to break back above the $90,000 mark. Despite several attempts, bulls have failed to reclaim higher ground, leaving BTC stuck in a consolidation range that reflects the broader uncertainty in financial markets.
Singapore-based artificial intelligence firm Genius Group says it's temporarily barred from expanding its Bitcoin treasury after a US court order has banned it from selling shares, raising funds and using investor funds to buy more Bitcoin.A New York District court issued the preliminary injunction (PI) and temporary restraining order (TRO) on March 13 in connection with a broader dispute surrounding its merger with Fatbrain AI, the Genius Group said in an April 3 statement. Fatbrain AI and Genius Group completed a merger and purchase agreement in March 2024, but by Oct. 30, Genius initiated arbitration procedures to terminate, alleging fraud by Fatbrain AI executives connected to the deal.
XRP and BTC prices steady after Trump's tariff shock. Market eyes SEC moves, US jobs data, and Fed policy for the next major crypto shift.
Bitcoin price started a recovery wave from the $81,200 zone. BTC is consolidating losses and facing hurdles near the $83,500 resistance level.
Bitcoin, along with the entire crypto market, was sent into another brief disarray in the past few hours after a new wave of bearish sentiment hit through, causing all large-market cap cryptos to bleed red.
President Donald Trump's recent announcement of new tariffs has sent ripples through global markets, affecting everything from traditional stocks to digital assets.
Bitcoin's price saw sharp movements following President Donald Trump's announcement of sweeping tariffs on April 2.
Bitcoin prices took a tumble after risk assets suffered widespread declines following U.S. President Donald Trump's latest tariff announcement.
The Babylon Foundation has unveiled an airdrop for its BABY token, rewarding early backers of its Bitcoin-native staking protocol. Babylon Foundation Reveals 10B BABY Token Airdrop The Babylon Foundation, a decentralized finance (defi) protocol focused on the Bitcoin network, has announced plans for its BABY token generation event, which includes an airdrop to early supporters.
Dan Morehead, CEO of Pantera Capital—a firm renowned for its pioneering role in digital asset investments since 2013—has delivered a bold valuation call for Bitcoin. According to Morehead, the world's leading cryptocurrency should be trading above $120,000, potentially even surpassing $126,000, if recent political and regulatory developments were fully reflected in market prices.
Pornhub, the popular adult entertainment website, has added Bitcoin and Litecoin to its payment options. The adult website has been already accepting the cryptocurrency verge (XVG) from 2018.
Bitcoin, which has been exhibiting signs of stabilization after weeks of hesitancy and erratic trading, is currently holding steady at $84,000. The long-awaited tariffs have finally been formally introduced, eliminating a significant layer of uncertainty that had kept markets cautious.
According to new data from Arkham Intelligence, three major Bitcoin ETF issuers are acquiring huge amounts of BTC today. The ETFs had $220 million in net inflows yesterday, and the issuers are potentially expecting a spike in demand.
The venture capital firm based in Austin, Texas, was founded in 2016 and specializes in early-stage Bitcoin startup investing.