Bitcoin Eyes $100,000 Target Amid Tariff Uncertainty

As the cryptocurrency market awaits President Trump’s tariff announcement, traders are cautious but optimistic about Bitcoin’s future.

Crypto traders in ‘wait-and-see’ mode ahead of tariff announcement

Crypto traders are adopting a cautious stance ahead of President Trump’s anticipated tariff announcement on April 2, also known as ‘Liberation Day’. The market is uncertain about the impact of the new tariffs, leading to widespread caution. Despite the downturn in Q1, experts predict that Bitcoin could test $100,000 if tariffs and policies stabilize. Bitcoin [BTC] is currently holding firm above $84K, but with global markets bracing for potential turbulence, crypto investors are grappling with uncertainty.

Bitcoin Top Buyers Preferring To Hold Rather Than Sell, Glassnode Reveals

The on-chain analytics firm Glassnode has explained how investors who bought Bitcoin at its peak are showing conviction, not capitulation. Specifically, 3 to 6 months old Bitcoin buyers have been holding strong recently. The firm also discussed the ’long-term holder’ (LTH) cohort, which includes investors who bought their coins more than 155 days ago. Statistically, the longer a holder keeps their coins dormant, the less likely they become to sell them.

Bitcoin Price Bounces Back—Can It Finally Break Resistance?

Bitcoin price started a recovery wave above the $83,500 zone and is now consolidating. It might struggle to settle above the $85,500 zone. The price is trading above $83,000 and the 100 hourly Simple moving average. A connecting bullish trend line is forming with support at $84,500 on the hourly chart.

Whale Alert: Over $1B in USDT Minted as Bitcoin Investors Gear Up to Buy the Dip

Tether has minted $1 billion USDT, indicating increased demand from institutions or exchanges. This minting is often seen as a bullish sign for the crypto industry, particularly for Bitcoin [BTC], which is poised for massive upside momentum. In Q1 2025, Tether bought 8,888 BTC worth $735 million. As a result of this mint, the overall cryptocurrency market is witnessing an uptrend, rising by 1.80% over the past 24 hours, with BTC breaking out from a bullish pattern.

Tether Expands Bitcoin Reserves With Nearly 9,000 BTC Buy

Tether, the developer of USDT, has added 8,888 Bitcoins to its holdings valued at around $735 million. This latest transaction pushes its Bitcoin holdings to 92,647, valued at $7.7 billion at current market prices. The stablecoin company withdrew the Bitcoins from Bitfinex, a leading exchange and Tether’s sister company. With this latest boost, Tether remains one of the biggest Bitcoin holders in the industry.