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CATEGORY: tariff


Apr 10, 2025 05:50

XRP Price Surges 13% Following Trumps Tariff Delay and XXRP ETF Introduction

XRP Sees 13% Price Surge Following Trump’s 90-Day Tariff Delay and New XRP ETF Introduction The XRP cryptocurrency experienced a significant 13% increase in value after President Trump announced a 90-day delay on imposing tariffs on certain goods. Additionally, excitement surrounding the launch of a new XRP exchange-traded fund (ETF) contributed to the positive momentum [...]

The post XRP Price Surges 13% Following Trump’s Tariff Delay and XXRP ETF Introduction appeared first on Crypto Breaking News.

Apr 10, 2025 02:30

Bitcoin Hits $82K as Trump Announces 90-Day Tariff Pause and Policy Shift

President Donald Trump announced a 90-day pause on tariffs for most countries, reducing them to a universal 10%, while simultaneously increasing tariffs on Chinese imports to 125%. This policy shift led to a significant market rally, with the Dow Jones Industrial Average surging over 2,200 points. Bitcoin also experienced a notable increase, surpassing $82,000 following […]

Apr 10, 2025 12:05

Bitcoin (BTC) Jumps To $82,000 As Trump Announces 90-Day Pause On Tariffs Except China

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. Related Reading: Bitcoins Next Big Move? Open Interest Says Get Ready Trump Authorizes 90-Day Pause On Tariffs In a Truth Social post, President Trump announced he was raising China tariffs to 125% effect immediately due to a lack of respect shown to the Worlds markets. This move follows Chinas recently announced reciprocal 84% tariff rate on US goods, starting April 10. Based on the lack of respect that China has shown to the Worlds Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately. At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable, Trump explained. In the Wednesday post, the US President also revealed he had authorized a 90 days PAUSE for other countries, as 75 nations reached out to multiple US Representatives, including the Departments of Commerce, Treasury, and the US Trade Representative, to negotiate a solution to the subjects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non-Monetary Tariffs. Additionally, he authorized an immediate substantially lowered Reciprocal Tariff of 10% during the 90-day pause. In a second post, the President stated, This is a great time to buy. Following the news, stock prices surged, with the S&P 500 (SPX) surging around 6% since the announcement. Meanwhile, the crypto market saw its total market capitalization jump around 5%, with assets like Bitcoin, Ethereum (ETH), XRP, and Solana (SOL) increasing 6%-12% in an hour. Bitcoin Price Surges To $82,000 The flagship crypto climbed from the $76,000-$77,000 range to the $82,000, momentarily reclaiming this level for the first time since Sunday. Its 6% surge has sparked optimism among investors, who saw Bitcoin fall to a five-month low over the weekend. BTC dropped nearly 10% between Sunday and Monday, fueled by the ongoing tariff war. Amid the correction, Bitcoin hit the $74,000 support zone for the first time since November. Related Reading: Solana (SOL) Needs 15% Bounce After Multi-Year Support Retest, Recovery Ahead? On Monday, BTC also saw a brief recovery of the $80,000 barrier after major media outlets reported the White House was considering a 90-day pause on tariffs. However, the cryptocurrency erased most gains after the news turned fake. According to online reports, todays surge triggered $75,000,000 worth of Bitcoin shorts being liquidated in the past 60 minutes. As of this writing, Bitcoin trades at $82,444, a 4.1% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Why Isnt XRP Skyrocketing? Expert Explains The Hidden Forces

Author: Christian Encila
United Kingdom
Apr 10, 2025 12:05

Why Isnt XRP Skyrocketing? Expert Explains The Hidden Forces

XRP prices dipped below $2 for the first time since December 2024 on Monday, even after a number of positive developments for the cryptocurrency. The decline is surprising to many investors who had hoped recent good news would send its value higher. Market analyst Vincent Van Code attributes this underperformance to underlying economic issues and not with XRP itself. Related Reading: XRP Dump? Not So FastSoftware Engineer Says Panic Selling Makes No Sense Trump Tariffs Are Blamed For Crypto Market Decline Van Code attributes the recent decline in cryptocurrencies to the tariffs imposed by US President Donald Trump on other nations. The tariff situation is just a power play to utilize economic pressure to get better negotiating terms, said Van Code. He expects these trade tensions to be short-term and perhaps pave the way for the market to rebound in the near future. Current #XRP prices are not aligned with recent @Ripple market announcenets, SEC case conclusion news, XRP US stockpile. Do you think this is becuase XRP is not performing well? I DONT! This is a global market downturn. Impacts across multiple markets, multiple countries, and Vincent Van Code (@vincent_vancode) April 9, 2025 XRP Fundamentals Strong Even after falling to $1.64 on April 7, XRP has shown a rebound by increasing to $1.82a 10% increase. Van Code pointed out that Ripple and XRP’s fundamental strengths have not changed. They’re a hundred times better than a year ago when the SEC lawsuit was at its peak, he said. The SEC-Ripple case resolution, potential inclusion in US digital asset reserves, and Ripple’s Hidden Road acquisition were all considered positive developments for the cryptocurrency. Investment Strategy During Market Uncertainty Van Code described his approach to today’s market condition, showing he buys such assets like XRP when sentiment is low but fundamentals remain in place. He looks at weekly charts for larger decisions and uses hourly charts for intraday action. The market commentator termed XRP the “Fight Club” of cryptos because of its ability to withstand market action and stress. Related Reading: Bitcoins Next Big Move? Open Interest Says Get Ready Future Growth Drivers For XRP Going forward, Van Code identified three key drivers to XRP adoption: regulation, corporate usage, and solid partnerships. He warned investors to avoid being influenced by short-term price fluctuations due to outside influences such as the tariff scenario. The analyst said that he would only be jittery if XRP was the sole cryptocurrency that is dropping in value. He also stated that the current decline is part of a larger market trend and not particular to XRP. The cryptocurrency market still responds to economic policy as investors look for indications that the tariff issue is resolved. Most XRP supporters are optimistic that as soon as these external pressures are gone, the price will more accurately reflect the good news surrounding Ripple and its currency. Featured image from Unsplash, chart from TradingView

Apr 10, 2025 05:50

Bitcoin Price Could Plummet to $71K as Tariff War and Stock Market Turmoil Persist

Bitcoin’s price is facing the possibility of dropping to a new low of around $7,100 if the current tariff war and stock market instability persist. The cryptocurrency market is closely watching these external factors, which have been contributing to the recent volatility in Bitcoin’s price. The ongoing trade disputes between major economies, particularly the United [...]

The post Bitcoin Price Could Plummet to $71K as Tariff War and Stock Market Turmoil Persist appeared first on Crypto Breaking News.

Apr 09, 2025 05:50

Bitcoin Miner Prices Expected to Drop Globally Due to Trump Tariffs, Predicts Mining Executive

The recent implementation of tariffs by the Trump administration has led to a significant drop in the prices of Bitcoin miners outside the United States. This price decrease is a direct result of the tariffs imposed on Chinese goods, which include mining hardware components. As a result, manufacturers are facing increased costs, which are being [...]

The post Bitcoin Miner Prices Expected to Drop Globally Due to Trump Tariffs, Predicts Mining Executive appeared first on Crypto Breaking News.

Apr 09, 2025 05:50

Bitcoin Rally Dampened as White House Confirms 104% China Tariffs Is BTC Headed for New Lows?

The recent surge in Bitcoin prices came to a halt as the White House confirmed the imposition of a 10% tariff on $300 billion worth of Chinese goods. This sudden development has raised concerns about the future trajectory of Bitcoin’s value. Will BTC plummet to new lows in response to this news? The cryptocurrency market [...]

The post Bitcoin Rally Dampened as White House Confirms 104% China Tariffs – Is BTC Headed for New Lows? appeared first on Crypto Breaking News.

Chinese Capital Flight Into Bitcoin Possible If Yuan Drops, Says Hayes

Author: Kashif Saleem
Estonia
Apr 09, 2025 02:30

Chinese Capital Flight Into Bitcoin Possible If Yuan Drops, Says Hayes

The growing tension between the U.S. and China over tariffs is increasingly seen as a trigger for a potential surge of capital flowing into Bitcoin and other cryptocurrencies. According to BitMEX founder Arthur Hayes, China’s reaction to America’s trade policies could lead to another cycle of capital flight into the crypto market. On April 8, […]

Apr 09, 2025 03:05

Bitcoin Dominance Surges to 60% as Market Turmoil Spurs Divergence in Holding Patterns

Bitcoin (BTC) dominance has spiked to a remarkable 60%, a surge that stems from the overall turmoil in the crypto market, which was begun when former President Donald Trump proposed new tariffs. This seems very much like a “flight to safety” that large investors are taking. In any event, since dominance is calculated in relation [...]

Apr 08, 2025 05:50

The Impact of US Tariff Hike: Corporate Bitcoin Treasuries Decrease by Over $4 Billion

The recent increase in US tariffs has taken a toll on corporate Bitcoin treasuries, resulting in a $4 billion decrease. Companies holding Bitcoin as part of their treasury reserves have seen a negative impact due to the economic shifts caused by the tariff hike. The hike in tariffs has caused instability in the market, leading [...]

The post The Impact of US Tariff Hike: Corporate Bitcoin Treasuries Decrease by Over $4 Billion appeared first on Crypto Breaking News.

Bitcoin Dips Below $75K As Markets Tremble: Whats Going On?

Author: Christian Encila
United Kingdom
Apr 08, 2025 12:05

Bitcoin Dips Below $75K As Markets Tremble: Whats Going On?

Bitcoin prices fell below $75,000 on Monday, April 7, the lowest since mid-March as investors reacted to US-China trade relations tensions escalating. The digital currency shed about 6% in 24 hours, CoinMarketCap data revealed, as part of a broader sell-off across both crypto and traditional markets. Related Reading: Ethereum Slips Below TriangleIs A $1,600 Crash Next? US-China Trade War Triggers Market Panic The sharp decline comes after US President Donald Trump’s recent imposition of tariff hikes and countermeasures by Beijing. The trade tensions sent shockwaves through world markets, with Wall Street suffering its worst fall since the COVID-19 pandemic. On Friday, April 4, the S&P 500 dropped 6%, the Dow Jones Industrial Average fell 5.5%, and the tech-heavy Nasdaq Composite fell 5.8%. Market commentator Charles Gasparino cautioned on Twitter that “Monday is shaping up to be the ultimate pain day,” and that investors should prepare for further selling pressure as markets open this week. That forecast seems to be coming to fruition as Bitcoin is trading between $74,000 and $75,000, far lower than last week’s levels. Breaking: One major market analyst just told me Monday is shaping up to be the ultimate pain day. Another: Some really nice buys out there particularly in financials. As they say disagreement makes a market! Story developing Charles Gasparino (@CGasparino) April 6, 2025 Ethereum And Altcoins Hit Harder Than Bitcoin As Bitcoin lost heavily, other cryptocurrencies plunged even deeper. Ethereum, which is the second-largest cryptocurrency, by market cap, lost 13% – more than double the percentage drop of Bitcoin. Other well-known altcoins fell hard as well, with SOL and DOGE losing more than 10% in one day. ADA went down by 10.40%, while XRP and BNB lost 7% and 6%, respectively. The worldwide cryptocurrency market capitalization is currently at $2.62 trillion as the majority of top coins fail to find support. Even with the price decline, Bitcoin’s 24-hour trading volume jumped to $26 billion – an 80% rise over the past 24 hours – indicating strong levels of market activity during the sell-off. Investors Turn To Government Crypto Reserves For Potential Relief There is a possible silver lining in market chaos. According to Edul Patel, CEO and co-founder at Mudrex, US government agencies will disclose their crypto assets today. “A huge confirmation could lead to a relief rally,” Patel said. Related Reading: XRP Will ExplodeAnd This Korean Expert Says Hell Be Laughing At Critics Market sentiment remains weak with the Fear and Greed Index inching towards what experts term “Extreme Fear.” This indicator implies that panicked selling has been controlling recent market trends instead of sound investment choice. According to market observers’ reports, Bitcoin now has a crucial technical test. “Bitcoin must retake the $80,000 level or it will retest its prior all-time high around $74,000,” Patel further added. This prior all-time high, previously hailed as a milestone, is now a possible support level that traders wish will stop further price declines. Featured image from Gemini Imagen, chart from TradingView

Apr 08, 2025 05:50

Bitcoin and Stocks Plunge as 90-Day Tariff Pause is Revealed as Fake News: BTC Whales Continue Accumulating

Bitcoin, along with other stocks, experienced a significant decline following the announcement of a 90-day tariff pause, which many are calling “fake news.” Despite the uncertainty in the market, BTC whales continue to accumulate more cryptocurrency. The overall sentiment in the markets has been turbulent, with investors reacting to the news of a temporary halt [...]

The post Bitcoin and Stocks Plunge as 90-Day Tariff Pause is Revealed as Fake News: BTC Whales Continue Accumulating appeared first on Crypto Breaking News.

Apr 08, 2025 02:50

Quick Take: Nearly $900M Crypto Liquidations Amid Global Market Turmoil

The global financial markets are also reeling today, with stocks and commodities plummeting as fears of a trade war grip investors.

Apr 08, 2025 05:50

US Trade Tariffs Cause Crypto ETPs to Lose $240M in a Week, Reports CoinShares

The cryptocurrency market witnessed a significant milestone as the Crypto Exchange Traded Product (ETP) managed to evade $240 million worth of US trade tariffs. CoinShares, a prominent player in the crypto industry, was behind this strategic move. By successfully navigating around the tariffs, CoinShares has demonstrated its ability to innovate and adapt to changing regulatory [...]

The post US Trade Tariffs Cause Crypto ETPs to Lose $240M in a Week, Reports CoinShares appeared first on Crypto Breaking News.

Apr 07, 2025 05:55

Billionaire Investor Speculates Trump May Delay Tariffs Surprising Prediction

Billionaire investor Bill Ackman has made a bold prediction regarding US President Donald Trump and the current tariffs situation. Ackman believes that Trump may decide to postpone the tariffs, which could have significant implications for the economy. In a recent interview, Ackman expressed his views on the potential tariff delays, citing Trump’s previous behavior and [...]

The post Billionaire Investor Speculates Trump May Delay Tariffs – Surprising Prediction appeared first on Crypto Breaking News.

Trump Likely to Delay Tariffs to Prevent Economic Downturn, Says Ackman

Author: Kashif Saleem
Estonia
Apr 07, 2025 02:35

Trump Likely to Delay Tariffs to Prevent Economic Downturn, Says Ackman

As the United States navigates economic uncertainty, billionaire investor Bill Ackman suggested that President Donald Trump might postpone the tariffs scheduled to begin on April 7. Ackman, recognized for his market insights, shared his views in a social media post dated April 5. “I would, therefore, not be surprised to wake up Monday with an […]

Apr 06, 2025 05:55

Predicted: Crypto Market Bottom to Hit by June Amid Tariff Concerns: Redefining Finances

The cryptocurrency market saw a significant dip in June amidst concerns over tariffs and trade tensions, leading to speculation about whether this could be the bottom for the market. As fears of increased tariffs intensified, many investors turned to digital assets as a potential safe haven. The volatility in traditional markets due to trade disputes [...]

The post Predicted: Crypto Market Bottom to Hit by June Amid Tariff Concerns: Redefining Finances appeared first on Crypto Breaking News.

Apr 05, 2025 06:05

Bitcoin Decouples as Stocks Shed $3.5 Trillion Due to Trump Tariff War and Feds Warning of Rising Inflation

As Bitcoin remains uncorrelated, stocks take a hit amidst Trump’s tariff war and the Fed’s warning of potential higher inflation. In a volatile market, Bitcoin continues to prove its resilience and lack of dependence on traditional assets. The recent turmoil in the stock market, exacerbated by escalating trade tensions between the US and China, has [...]

The post Bitcoin ‘Decouples’ as Stocks Shed $3.5 Trillion Due to Trump Tariff War and Fed’s Warning of ‘Rising Inflation’ appeared first on Crypto Breaking News.

Apr 06, 2025 05:55

Bitcoin Strong as Stock Market Plummets $5 Trillion in Historic Trump Tariff Selloff

Bitcoin has proven to be a more resilient investment than the stock market under the pressure of President Trump’s tariff selloff. The cryptocurrency saw a significant increase in value during the same period when stock prices were plummeting due to trade tensions between the U.S. and China. While the stock market experienced heavy losses, Bitcoin’s [...]

The post Bitcoin Strong as Stock Market Plummets $5 Trillion in Historic Trump Tariff Selloff appeared first on Crypto Breaking News.

Apr 06, 2025 02:30

Wall Street Single-Day Crash Dwarfs Entire Crypto Market

On April 4, 2025, the U.S. stock market took a massive hit, losing over $11 trillion in value, which is worth more than the entire crypto market. The Nasdaq 100 dropped 6% in a single day, its biggest fall since March 2020.  This sharp decline pushed the U.S. stock market into whats known as a […]

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