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A widely followed crypto analyst is identifying where Bitcoin (BTC) may find a bottom amid market turmoil caused by US President Donald Trump's tariffs.
Bitcoin jumped by more than 8% on Wednesday afternoon after President Donald Trump posted on Truth Social that he had authorized a 90-day pause on key trade tariffs. This pushed the price of Bitcoin up to $82,350.37, according to CoinGecko.
The crypto market is surging after President Trump announced a pause on his planned reciprocal tariffs, easing macroeconomic tension and triggering a sharp risk-on rally across digital assets. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,389.52 +7.2% Ethereum (CRYPTO: ETH) $1,638.96 +11.6% Solana (CRYPTO: SOL) $119.13 +13.6% XRP (CRYPTO: XRP) $2.03 +11% Dogecoin (CRYPTO: DOGE) $0.1606 +11.3% Shiba Inu (CRYPTO: SHIB) $0.00001195 +11.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 22.4% and daily active addresses falling by 4.7%.
On today's episode of CNBC Crypto World, President Trump's 90-day pause on tariffs for some countries sends cryptocurrencies soaring. Also, the European Securities and Markets Authority warns that crypto poses a risk for financial stability.
Bitcoin dropped 4.1% to $76,550, while Ethereum slid 8.3%, its lowest since March 2023. Trump's tariffs intensified trade war fears and global market turmoil.
TL;DR China and Russia have started using Bitcoin for commercial energy payments in response to tensions with the United States and to reduce their reliance on the dollar. Bolivia plans to import electricity using cryptocurrencies, and EDF is exploring Bitcoin mining with surplus energy. The decline of the dollar and the shift in U.S.
Portfolio managers at global asset manager VanEck say the Trump administration's sweeping new tariff regime is exerting widespread pressure across asset classes, with tangible impacts already visible in digital assets, commodities, emerging markets and fixed income. What Happened: In an assessment released on Tuesday, VanEck professionals flagged recession risk, demand shocks and currency instability as key drivers of short-term market volatility, warning that continued escalation could severely damage investor sentiment and global capital flows.
BlackRock's IBIT sees biggest outflows in ETF market meltdown triggered by Trump's 104% China tariff threat.
In just a matter of minutes, bitcoin crossed a symbolic threshold: $82,000. A meteoric rise, directly linked to Donald Trump's surprise announcement.
The bitcoin lending market will get much more competitive in coming years, and that's good for consumers.
Crypto and stock prices have surged in the past hour after US President Donald Trump announced a 90-day pause for tariffs on multiple nations, except China. Bitcoin (BTC), the flagship crypto, now eyes the $83,000 barrier after jumping 6.1% following the news.
As global trust in centralized institutions frays, analysts at Bernstein say three foundational decentralized technologies — Bitcoin (CRYPTO: BTC), public blockchains and tokenized assets — are poised to become integral to a new financial order. What Happened: In its report, Bernstein's digital assets team argues that the combination of geopolitical realignment, trade conflicts and financial system fragmentation is accelerating the adoption of decentralized technologies across sovereign and institutional actors.
The asset manager said it was sticking to its 2025 year-end bitcoin price target of $200,000.
In Q1, the crypto market erased the effect of the US elections. BTC retained its market depth, but Ethereum (ETH) and altcoins lost around 30% of their liquidity on average.
China and Russia are now reportedly settling select energy transactions using Bitcoin, according to a recent report by investment firm VanEck. The move marks a shift away from the U.S.
Bitcoin (CRYPTO: BTC) on Wednesday crossed the $82,000 mark, following a significant short squeeze that liquidated $75 million in bearish bets within a span of one hour. The apex crypto Bitcoin made a high of $82,450 according to TradingView data after President Trump's announcement that the U.S. would raise tariffs on China to 125%, effective immediately, but pause reciprocal tariffs on 75 countries for 90 days.
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Bitcoin rises 8% as Trump announces a 90-day tariff pause for all countries except China, causing a market rally. The post Bitcoin jumps 8% after Trump announces 90-day tariff pause for all countries but China appeared first on Crypto Briefing.
Bitcoin (BTC) soared back above $82,000 on April 9 after President Donald Trump announced that his administration would pause tariffs on most nations for 90 days, igniting a broad rally in global markets after a bloody week.
Bitcoin and equities surged as President Trump increased tariffs on China and paused duties on other countries for 90 days.
China's tariffs remain in place, however, and have been increased to 125%.
Bitcoin's (BTC) futures market reflects a possible price cooldown after the cryptocurrency's multiple weeks of correction. Data from CryptoQuant indicated that the BTC-USDT futures leverage ratio with respect to open interest (OI) has halved since peaking in early 2025.
China tariffs surge to 84% in retaliation for U.S. duties, leading to renewed fears of a prolonged trade war. Bitcoin plunged below $76K as investors reacted to the mounting economic uncertainty. The post China Hits Back With 84% Tariffs on U.S. Goods, Bitcoin Drops to $76K appeared first on Cryptonews.
Wall Street rebounded sharply on April 9 after President Donald Trump announced a 90-day pause on tariffs, temporarily easing trade tensions. Bitcoin roared past the $82,000 range at 1:50 p.m. Eastern Time on Wednesday. Trump's Temporary Tariff Freeze Lifts Wall Street and Crypto The S&P 500 jumped over 7.
