Bitcoin News: Bitcoin Predicted to Drop Below $80,000 This Week Amid Growing Economic Uncertainties

Bitcoin Likely to Slip Below $80K This Week

Bitcoin is likely to fall below $80,000 this week, according to digital assets research firm 10x Research. The firm cited growing uncertainty over U.S. tariffs and rising inflation as key risk factors weighing on Bitcoin (BTC) and broader financial markets. The report highlights hotter-than-expected U.S. CORE Personal Consumption Expenditures data, which suggests inflation remains a concern. Additionally, shifting rhetoric from former U.S. President Donald Trump on tariffs has heightened uncertainty, with fears that aggressive trade policies could strain economic sentiment. This has caused the Bitcoin rebound over the past three weeks to falter.

BlackRock CEO Warns US Debt Could Weaken Dollar’s Global Role, Favoring Bitcoin

BlackRock CEO Larry Fink has warned that the U.S. risks losing its global financial dominance to Bitcoin if the country’s deficits continue to grow. In his annual letter, Fink noted that the national debt has grown three times faster than GDP since 1989, and by 2030, mandatory government spending and debt service will consume all federal revenue, creating a permanent deficit. This financial situation could push investors toward digital assets like Bitcoin (BTC), Fink wrote. With interest payments surpassing $952 billion this year, exceeding defense spending, Fink emphasized that the U.S. dollar’s dominance isn’t guaranteed.

Japan to Reportedly Classify Crypto as Financial Products

Japan is reportedly working on classifying cryptocurrencies as financial products, bringing the industry under the same insider trading rules that govern traditional financial markets. According to a recent Nikkei report, the Financial Services Agency (FSA) plans to submit a bill revising the Financial Instruments and Exchange Act to parliament by 2026. Under the current Payment Services Act, digital assets are treated as payment tools rather than investment vehicles. However, with the growing popularity of crypto trading, regulators are aiming to close the legal gap that leaves the market vulnerable to manipulation. If approved, cryptocurrencies such as Bitcoin (BTC) will be redefined as investment products rather than settlement instruments.

Metaplanet to Issue More Debt to Buy Bitcoin at Discount

Japanese Bitcoin treasury company Metaplanet Inc has announced plans to boost its Bitcoin position by raising fresh capital through bond issuance. According to the update, the organization is taking on more debt to increase its Bitcoin holdings. Notably, it considers it a strategic and deliberate opportunity to accumulate more BTC at current discounted prices. Metaplanet has issued ¥2 billion in zero-interest bonds for this purpose.

Bitcoin (BTC) Price Eyes Weakest Q1 amid Trump Tariff Fears

The price of Bitcoin (BTC) came crashing down to $81,500 levels earlier today as global markets brace for an uncertain week. Trump’s reciprocal tariffs are set to kick in on Liberation Day, April 2. As a result, BTC is on the path to registering its weakest Q1 performance in seven years, since 2018. On the other hand, Gold price is touching historic all-time highs, shooting past $3,150 per ounce.