Bitcoin News: Trump’s Trade Policies Impact Bitcoin’s Trajectory
| Download App for Android | Download App for iOS |
| Start Trading BTC on BTCC Today! <<<< | |
Tariff Tantrums: Trump’s Trade Gambit To Shape Bitcoin’s April Trajectory
This isn’t Trump’s first swing at protectionism. His initial round of China-focused tariffs was announced on January 20, causing risk markets to become skittish. Bitcoin dropped 18%, while the S&P 500 shed over 7% in the two months following. After regaining $100K in January, Bitcoin is now down to $84 and looking shaky. On March 29, The Washington Post reported that Trump had pushed senior aides to take a harder line on trade, signaling a possible escalation in tariff rhetoric. Any April 2 announcement could unveil retaliatory trade measures against key US partners, aimed at shrinking the country’s $1.2 trillion goods trade deficit.
Bitcoin Adoption in Europe: Can BlackRock’s ETP Spark a Crypto Revolution?
Recently, BlackRock introduced a Bitcoin Exchange-Traded Product (ETP) in Europe, sparking discussions about BTC adoption in the European Union. Many have expressed concerns about the slow adoption trend. Considering Bitcoin’s unique economic model, early adopters will have a clear advantage in the future. The US government has introduced several pro-crypto policies, including the creation of a federal Bitcoin reserve, giving it an edge over Europe in the global BTC race.
Bitcoin Enters Consolidation Phase as Sell Pressure Hits Two-Year Low
Bitcoin has entered a consolidation phase with sell pressure dwindling. Exchange inflows have dropped from 81,000 BTC to 29,000 BTC since late 2024, indicating a decrease in sellers. Analyst Axel Adler Jr. notes a structural supply shortage, hinting at a potential price surge. The 60-day CDD metric is declining, signaling that long-term holders are not selling, which could set the stage for the next major price movement.
Crypto Daybook Americas: Trump Tariff Threat Casts Shadow Over Bitcoin Price
Bitcoin is building momentum, rising over 2% on the day to over $84,000, with memecoins leading the market higher, followed by tokens associated with artificial intelligence and gaming. In traditional markets, gold set another record, surpassing $3,140, and futures linked to major U.S. equity indices are pointing to a positive open. President Donald Trump pledged a "very kind" yet firm approach toward all trading partners ahead of Wednesday’s planned reciprocal tariffs announcement. However, market flows reveal nervousness likely stemming from tariff uncertainty. An aggressive move could ratchet up inflation expectations, which would lower risk asset prices, including cryptocurrencies. The article mentions several coins but focuses on the broader market impact of Trump’s tariff threat.
Bitcoin ETF Momentum Fades as Retail Interest Stalls
Spot Bitcoin ETF inflows are unlikely to rise anytime soon as retail activity stays low, according to analysts. Bitcoin ETFs have posted a second consecutive month of net outflows, with inflows slowing as retail interest remains weak. The funds have lost momentum after a strong January, with outflows continuing as investor enthusiasm fades. Matrixport’s research noted that while total year-to-date inflows stand at $1.05 billion, this is largely due to a strong performance in January when funds saw a $5.3 billion surge.
