Bitcoin News: Australia’s Budget Week Disappoints Crypto Enthusiasts

Australia Snubs Bitcoin in Budget Week

Australia’s budget week ended in disappointment for the technology industry, particularly for those expecting a positive mention of Bitcoin and other cryptocurrencies. Both the Treasurer and the opposition leader failed to address the topic, focusing instead on issues like tax cuts and energy prices. The tech industry was left worried as the budget showed a sense of realism ahead of the elections. While the budget week surprised most, it was particularly disappointing for those in the crypto space, as Australia’s parties cut funding or support for Bitcoin-related initiatives.

Bitcoin – Here’s Coinbase’s Q2 Prediction as Analysts Issue New Warning!

Bitcoin briefly retraced below $84k following a hotter PCE inflation print during early Friday’s U.S trading session. BTC’s decline followed Nasdaq’s 2% drop, while gold jumped to a new high, reiterating investors’ risk-off mode and macro uncertainty, especially ahead of President Trump’s new tariffs. According to Coinbase analysts, the crypto’s price could remain range-bound ($78k-$88k) until April 2nd, the deadline for President Trump’s tariffs. They further warned that April-June have been “tough months” for crypto on a seasonal basis.

Bitcoin on the Edge: Will $82K Support Hold?

Bitcoin is at another crossroads after a volatile week, testing a critical support zone between $82,000 and $84,000. Analysts are divided on whether this is the calm before another rise or the start of a significant correction. Crypto influencer Kyle Chasse warned of a potential drop to $80K or even $77-78K if the support is lost, while YouTuber Crypto Rover called it a big danger for all Bitcoin holders. Crypto trader Daan Crypto added to the suspense, pointing out that April 2 could bring unexpected volatility due to new tariffs imposed by U.S. President Donald Trump.

Best New Meme Coins on Presale as Bitcoin Nears Next Bull Run

Bitcoin’s recent dip from $109K to $77K caused panic selling among retail investors, but smart investors saw it as a healthy correction in a bullish market. Technical analysis signals indicate that Bitcoin is currently in an accumulation phase and will soon begin its next rally. This could be the perfect time to buy, and we will explore which new meme coins on presale are worth considering.

El Salvador’s Nayib Bukele May Meet Trump as Bitcoin Interests Align

Although no official agenda has been released, if confirmed, the meeting between El Salvador’s President Nayib Bukele and former US President Trump would mark Bukele as the first Western Hemisphere leader to visit Trump at the White House during his current term. On March 28, Bukele confirmed his willingness to visit Washington after a report claimed Trump plans to invite him. The two leaders have enjoyed a friendly relationship since Trump’s return to office, reportedly speaking after the inauguration, with Trump later thanking Bukele publicly. The potential meeting comes amidst shared interests in Bitcoin, with El Salvador adopting it as legal tender.