Coinbase News: Bitcoin Price Prediction and Market Uncertainty

In the ever-volatile world of cryptocurrency, Coinbase analysts have offered insights into the potential price range for Bitcoin in the coming weeks, amidst a backdrop of macroeconomic uncertainty and market fluctuations.

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.

UK Authorities Freeze $7.7M in Crypto from Ill-Gotten Profits

UK police and other authorities have frozen about £6 million ($7.76 million) in crypto obtained from ill-gotten gains since 2024. These cryptos have been frozen by the court since the enforcement powers were introduced last year. The UK police, ministers, law enforcement, and HMRC launched a crackdown on the ‘emerging threat’ last April, leading to the freeze of suspicious crypto wallets. The largest single freezing order in the last six months was for £1.5 million ($1.94 million) worth of cryptos held in a Coinbase-hosted wallet. Suspicious crypto wallets can be frozen for up to three years under the new enforcement rules.