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As tariff concerns added to the turmoil, markets were pinched ahead of Liberation Day. Bitcoin surged above $88,000 and was about to rise above the crucial resistance when bearish activity kicked in. Nearly $500 million has been liquidated from the markets in the past 24 hours.
Bitcoin's price has been on a steady downtrend since the end of February, consistently struggling to break above the $85,000 mark.
Russian authorities are building a legal and operational framework to convert seized Bitcoin (BTC) into cash for the state treasury, as the country grapples with regulatory uncertainty surrounding cryptoassets.
Inflows into spot Bitcoin ETFs have surged once again as investors chose to look past the Trump reciprocal tariffs. The net inflows across all US ETFs for Bitcoin stood at $220 million, recovering all of the early week selloff.
Amid the recent implementation of President Trump's “Liberation Day” policies, the US Dollar Index (DXY) has plummeted to its lowest level since mid-October 2024. This signaled a turbulent time for the greenback.
Wobble in Bitcoin, Ether, XRP Prices Cause Crypto Bulls and Bears to See $230M Liquidations Each
April 3, 2025 05:24:41 UTC Ripple IPO Date : When Is the Launch Expected? Ripple has not officially announced a date for its Initial Public Offering (IPO), but industry experts predict it could happen within the next 12 to 18 months.
Digital asset markets have taken a massive hit following the US President's rollout of global trade tariffs.
West Virginia's Bitcoin reserve strategy and Bitfarms' $300 million loan show the embrace of digital assets by US states and crypto firms.
After President Trump completed announcing reciprocal tariffs, the US stock market and cryptocurrencies crashed. However, Bitcoin price managed to hold $82K despite the US event-driven sell-off.
One of Bitcoin's key communication tools used to discuss potential protocol changes was knocked out for several hours starting on April 2, with one moderator speculating it may have been a targeted attack assisted by bots. For several hours across April 2 and 3, Bitcoin core developers and researchers were unable to interact on Google Groups after Google banned the group for spam.
Asian equities and U.S. stock futures have declined, while bitcoin is nearing a bearish technical pattern amid escalating trade tensions.
Bitcoin edged down 0.3% to $84,965.1 on Wednesday following U.S. President Donald Trumps unexpected tariff announcement, which triggered a wave of caution across global markets. Trump revealed plans to impose at least a 10% reciprocal tariff on all imported goods, with even steeper rates for countries levying higher duties on U.S. exports.
Michael Saylor, chairman and founder of Bitcoin-focused firm MicroStrategy, revealed via X on April 2 that the companys Bitcoin treasury operations have generated a profit of 15,586 BTC. The recent market uptrend has pushed Bitcoin past $87,000, delivering $1.36 billion in gains for the company over the past week alone.
A massive Bitcoin transfer worth 1,097 BTC, valued at around $94 million, has just been moved to Coinbase, the largest U.S. cryptocurrency exchange. While initially flagged by Whale Alert as coming from an unknown address (bc1qumh), blockchain analytics platform Arkham Intelligence has identified the sender as ARK Investspecifically its Bitcoin ETF, ARKB.
Soon, altcoins may stop riding BTC's coattails.
The cryptocurrency market was in the red on Thursday. Bitcoin plunged to $82,000 following President Donald Trump's sweeping tariff announcement, which sent shockwaves through financial markets. During his ‘Liberation Day' speech, Trump unveiled aggressive reciprocal tariffs, calling them a long-overdue correction to trade imbalances.
Bitcoin has seen a notable price consolidation over the past few weeks, trading between the $84,000 and $86,000 levels. Despite the initial surge in price, the cryptocurrency has faced a decline of 3.7% in the past week and nearly 10% in the past month, signaling a period of stagnation in its upward momentum.
Russian bailiffs say they have developed new methods to help them convert Bitcoin (BTC) seized in criminal cases into cash for the state's treasury. The post Russian Bailiffs ‘Can Now Turn Criminals' Bitcoin Into State Revenue' appeared first on Cryptonews.
Bitcoin price started a recovery wave above the $85,500 zone. BTC is trimming all gains and might decline again toward the $80,000 zone.
Trump's new tariff policies sent shockwaves through the crypto market, triggering a $500M wipeout in liquidations. Bitcoin, Ethereum, and Solana all took major hits.
Data shows the Bitcoin market sentiment has closed in on the neutral territory as the cryptocurrency's price has recovered to $85,000. Bitcoin Fear & Greed Index Is Now Close To Neutral Region The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment present among the investors in the Bitcoin and wider cryptocurrency markets.
“Silver will slingshot to all-time new highs”—Rich Dad Poor Dad author Robert Kiyosaki says silver is currently more valuable than gold or bitcoin.
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.
