Bitcoin: Potential Gains Amidst Tariff Turmoil Predicted by BitMEX Co-Founder
As global trade tensions escalate, one cryptocurrency expert sees a silver lining for Bitcoin.
Arthur Hayes Sees Bitcoin Benefiting from Tariffs
BitMEX co-founder Arthur Hayes believes that tariffs imposed by the US President Donald Trump may disrupt the global economy but could be beneficial for Bitcoin. Hayes noted that global imbalances will be corrected with printed money, which is good for BTC. His comments come after the Trump administration announced tariffs on various countries starting April 5, with rates varying from 10% to 34%. Hayes explained that tariffs positively impact Bitcoin’s price for several reasons.
Futures Say ‘Bullish,’ Options Say ‘Not So Fast’ | ETF & Derivatives Daily
Despite a recent retreat, futures traders remain confident in BTC, with open interest climbing and funding rates staying positive. However, the options market shows less conviction in sustained upward momentum. As a key batch of BTC options nears expiration, market participants are closely watching how the market will respond to this divergence.
AI Trading Bot AlgosOne Profits on Bitcoin Records, Rejects Acquisition Offers
The popular AI trading powerhouse, AlgosOne, has rejected acquisition offers ranging from $250 to $500 from leading global investment firms and tech giants. Instead, the project leadership is doubling down on its upcoming AIAO token launch, promising lucrative returns for early investors. Major global hedge funds and AI firms across Japan, China, Russia, and the United States have made buyout bids, but the company has stayed steadfast in its refusal to sell. According to AlgosOne CMO Alex Andera, the company is confident in its ability to independently reach a valuation that exceeds all these offers.
Bitcoin: Why Did BTC Drop To A Low Of $81,000?
The cryptocurrency industry is currently undergoing an immense shake-up. The market anticipated Bitcoin (BTC) to soar with Donald Trump’s presidency. However, BTC has struggled in terms of price, currently trading 23% below its all-time high of $109,114.88 achieved in January 2025. This week, BTC experienced increased volatility, trading at a high of over $87,000 earlier but dropping to a low of $81,282.10 today, causing panic in the market.
Bitcoin Dominance Exceeds 63%, Signaling Bearish Environment for Altcoins
Bitcoin’s dominance now exceeds 63%, indicating a bearish market for altcoins. Stablecoin flows suggest a risk-off phase, delaying any major altcoin breakout. According to Alphractal, just 4 out of 57 altcoins have outperformed Bitcoin, which itself has seen a decline. This shift was highlighted by Alphractal CEO Joao Wedson in a tweet contrasting Bitcoin’s price with an Altcoin Season Index. At the time of analysis, fewer than 25% of altcoins seemed to be outperforming Bitcoin — a textbook Bitcoin Season.
