Bitcoin Still Bullish Despite Trump’s Tariff War, Potentially Fueling Project...
Bitcoin holds its ground as Trump’s tariffs put investors on the back foot and projects like $ETH, $DOGE, and BTC Bull Token, that are directly connected to $BTC’s success, may capitalize on it. Despite the White House’s positive outlook on the crypto market, which culminated with Trump’s Bitcoin Reserve earlier this month, the February 1st, […]
Related News
Any crypto investor’s first thought this morning was, ‘What in the world?’. Bitcoin ($BTC) lost 8%, and many of the best altcoins plunged over 20%, including Ethereum ($ETH), which dropped to $2.4K for the first time since July 2024. It’s hard to find a crypto that hasn’t suffered the effects of Trump’s tariff war with […]
Donald Trump’s tariff war is only heating up – he announced a 25% levy on aluminum and steel imports. Trump also warned that countries levying US imports will face even higher tariffs. Bitcoin ($BTC) dipped to $94K on the back of the announcement, and most altcoins followed. However, $BTC has now rebounded to $97K, so […]
Earlier this week, Fed Governor Christopher Waller said inflation is still too high, so more rate cuts may be necessary. While FedWatch sets the probability of the next rate cut happening on March 19 as just 2.5%, Trump’s tariff war could change the odds. For the crypto market, this means one thing–the bull run is […]
We’re back with our weekly crypto recap. If Trump’s presidency means one thing, it’s that there’ll be no shortage of crypto news. This past week, the newly inaugurated president (along with his immediate family and friends) continued to make headlines in crypto circles. We also witnessed noteworthy developments in AI and gaming. Here’s a recap […]
The Bitcoin price sank by more than 13.5% over the weekend, dropping as low as $91,201 on Binance. The sell-off followed US President Donald Trump’s announcement of new trade tariffs. The administration levied a 25% tariff on most imports from Canada and Mexico, added a 10% tax on Chinese goods, and imposed a 10% tariff on Canadian energy resources. While market observers typically view such aggressive moves as a negative for risk assets, one prominent voice at Bitwise Invest sees a wildly different scenario, predicting that these tariffs could fuel a “violent” long-term rally in Bitcoin.....