President Trump said he authorized a 90-day pause on tariffs on countries that haven't retaliated against the U.S.
The price of Bitcoin, the leading cryptocurrency by market capitalization, has surged by roughly 5%, reaching an intraday high of $81,798 on the Bitstamp exchange.
Bitcoin reclaimed the $80,000 level while major U.S. stock indices soared higher after President Donald Trump announced a temporary pause on the administration's tariff regime for some countries.
Crypto and stock prices alike are skyrocketing after President Trump confirmed that he has authorized a pause on most trade tariffs.
Prediction marketplace Kalshi has started taking Bitcoin (BTC) deposits in a bid to onboard more crypto-native users.The company that lets users bet on events ranging from election outcomes to Rotten Tomatoes film ratings has seen a strong uptake among crypto traders, Kalshi told Cointelegraph on April 9. For instance, event contracts for betting on Bitcoin's hour-by-hour price changes have seen $143 million in trading volume to date, a spokesperson said.
Bitcoin Magazine The U.S. Tariff War With China Is Good For Bitcoin Mining President Trump's tariffs will make it more expensive for American mining companies to import ASICs — and this is a good thing. This post The U.S. Tariff War With China Is Good For Bitcoin Mining first appeared on Bitcoin Magazine and is written by Frank Corva.
Risky assets remain volatile as trade war tension between the United States and China keeps investors on the edge. A minor positive is that Bitcoin (BTC) has avoided a sharp fall and is trading well above the crucial near-term support at $73,777.
China and Russia are now using Bitcoin to pay for energy deals, according to VanEck. This comes as Donald Trump hits China and the EU with new tariffs, announced on April 2, sending Bitcoin briefly down from $85,000 to $81,000.
Bitcoin is currently undergoing one of the most aggressive corrections ever seen during a bull market — not just in terms of price but also in investor sentiment. While BTC remains technically in a long-term uptrend, the emotional toll on the market tells a different story.
In a newly released investor note, Bitwise Chief Investment Officer (CIO) Matt Hougan argues that Bitcoin stands to benefit significantly from the Trump administration's push toward a weaker dollar—even if that push risks ending the dollar's long standing role as the world's reserve currency.
Bitcoin Magazine Pakistan to Use Surplus Electricity for Bitcoin Mining and AI Data Centers: Report Pakistan reportedly announced plans to allocate excess power to Bitcoin mining and AI infrastructure, just days after appointing Binance founder Changpeng Zhao as strategic crypto advisor. This post Pakistan to Use Surplus Electricity for Bitcoin Mining and AI Data Centers: Report first appeared on Bitcoin Magazine and is written by Nik.
Bitcoin's downside pressure has seen sell-off dynamics shift from newer coins to older cohorts, with the gradual capitulation coming amid broader market weakness.
As Bitcoin struggled near key support, analysts shared mixed signals. Altcoins, remained in the red across the board.
Bitcoin offers a unique symbol of hope - and a way to get help directly to those suffering from one of the most devastating earthquakes in human history.
Arch Network is working with DPI Capital to write first checks for "pillar" protocols building on the Bitcoin DeFi project.
As markets reel from geopolitical tensions and economic uncertainty, Bitcoin has shown relative resilience during events like Trump's recent tariff bombshells, according to Blockstream CEO Adam Back.While in the short term, Bitcoin (BTC) may move in tandem with stocks and other risk-on assets, Back sees the long-term trend telling a different story. “Bitcoin is fully decoupled because it's gone up five or six times since the bottom of the market three years ago,” he said during an exclusive interview with Cointelegraph at Paris Blockchain Week.
Bitcoin's recent price swings have always been a hot topic, and this time, all eyes are on MicroStrategy and its co-founder, Michael Saylor. With Bitcoin slipping below $75,000, concerns are growing that MicroStrategy might be forced to sell its massive Bitcoin holdings to avoid liquidation.
When it comes to whether bitcoin is (or was ever) a bubble, the late John McAfee said it best.
Both traditional assets and the leading cryptocurrency seem to be trading mostly sideways in the midst of economic uncertainty as the world's two largest economies duke it out. BTC Stalls Amid Escalating U.S.
Bitcoin-heavyweight Strategy, formerly known as MicroStrategy, has moved over 8,000 BTC (more than $700 million) to four newly identified wallets, according to data from blockchain analytics platform Arkham Intelligence. On-chain data from Arkham Intelligence shows the transfers occurred across four transactions between April 2 and April 5.
Matt Hougan, Chief Investment Officer at Bitwise Asset Management, says the United States' evolving stance on the dollar's global reserve role could trigger a structural shift in the financial system, one that favors alternative stores of value like Bitcoin (CRYPTO: BTC) and gold. What Happened: In a new blog post titled “The Fallout From Trump's Tariff Push”, Hougan responded to recent U.S. policy developments, including the White House's aggressive push for tariffs and comments from top economic officials suggesting a deliberate move toward a weaker dollar.
As bitcoin's valuation languishes near its weakest point since last year—with hashprice, the projected daily earnings for one petahash per second (PH/s) of mining capacity, receding to $40—the network's computational muscle has paradoxically swelled to a historic peak.
Tuesday's drawdown was the most pronounced pullback in nearly a month.
Investors have withdrawn $594 million out of Bitcoin exchange-traded funds in the past four days as President Trump's tariff increases have rattled market participants.
Bitcoin is facing increasing pressure since the resurgence of the trade war initiated by Donald Trump. While many hoped to see the asset detach from the influence of Wall Street, reality is catching up with the markets: the rise in U.S. bond yields is dampening initial enthusiasm.
Michael Saylor's Strategy faces mounting pressure to sell Bitcoin reserves at a loss to cover debt obligations, raising questions about the impact on Bitcoin's price and the firm's long-term crypto strategy. The post Michael Saylor's Strategy May Need to Sell BTC at a Loss To Cover Debt, What Does This Mean For the Bitcoin Price? appeared first on Cryptonews.
Is Bitcoin on the brink of a major rally despite short-term market swings?
Veteran crypto analyst Bob Loukas has reduced his Bitcoin exposure, warning followers that while the bull cycle remains intact, the probability that Bitcoin has already peaked for this four-year cycle has materially increased. In an update published April 8th, Loukas detailed the rationale behind selling one-third of his model portfolio at $79,500, citing both technical deterioration and a worsening macroeconomic backdrop.
When looking at data throughout the market, it's fairly easy to find some bright spots right now.
Bitcoin's recent drop amid Trump-China tariff tensions mirrors its 2020 crash-and-rebound pattern, with analysts suggesting macroeconomic shocks could set the stage for another recovery fueled by monetary policy shifts and investor optimism. The post Bitcoin Could Mirror 2020 Crash-and-Rebound Pattern, CoinShares Analyst Warns appeared first on Cryptonews.
Bitcoin (BTC) price made a swift move to $78,300 at the April 9 Wall Street open as “herd-like” price action in equities markets continued to spook risk-asset traders. BTC/USD 1-hour chart.
Strange things continue to happen on the cryptocurrency market, and with each new twist in this roller coaster ride, it seems that nothing else of this magnitude can happen to surprise market participants. But here we are.
With Bitcoin down and U.S.–China tariffs now at 84%, does this mark the start of another systemic selloff, or will the Fed manage to contain the fallout? Beijing announces further tariffs against the U.S. Trade tensions between the U.S.
Bitcoin (BTC) is quietly leaning into one of the setups, which is not the typical flash headline or hype-driven breakout. No, what is taking shape is slower and less attention-grabbing, but potentially more telling: the risk of back-to-back death crosses forming on the daily chart.
Bitcoin's (CRYPTO: BTC) sharp decline has sparked renewed debate: is Bitcoin truly a risk asset, or is it evolving into a safe haven? What Happened: Prominent Bitcoin investor Scott Melker analyzed the price action in his “Macro Monday” podcast, joining a panel of financial analysts that dissected the crash triggered by President Trump's aggressive tariff announcements.
BitMEX co-founder Arthur Hayes believes one catalyst could help send Bitcoin (BTC) to new all-time highs amid US President Donald Trump's tariff trade war.
Bitcoin additions to corporate treasuries have risen during the first quarter of 2025, with industry giants like Tether and Metaplanet reaching record allocations compared to the previous quarter.
Max Keiser, a prominent financial journalist in the past and the BTC advisor to El Salvador president Nayib Bukele, believes that the current economic turmoil is creating the “perfect conditions” for the world's flagship cryptocurrency.
Ethereum price continues its freefall and has formed an inverse cup and handle pattern, pointing to further downside to a record low Ethereum (ETH) has dropped for three consecutive weeks and is hovering at its lowest level since January 2020
Sweden is exploring the possibility of adding Bitcoin to its foreign currency holdings amidst the growing trend of BTC reserves. Member of Parliament Rickard Nordin submitted a request to the Finance Minister, Elisabeth Svantesson, to reconsider the country's foreign exchange reserve management.
Data shows the Bitcoin Open Interest has seen a sharp drop recently. Here's what this could lead to, according to historical trend.
Bitcoin Magazine Bull Bitcoin: The Cypherpunk Bitcoin Exchange Proving that custodial, centralized, altcoin casinos are not the only way to succeed in this industry, the privacy-focused bitcoin exchange Bull Bitcoin recently went multinational, bootstrapping a team in France and expanding its services to the whole eurozone. The move comes only a year after announcing their expansion into Costa Rica.
Welcome to the US Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Pakistan plans to allocate part of its surplus electricity to Bitcoin mining and AI data centres, the head of Pakistan's Crypto Council and adviser to the finance minister said on Wednesday, adding it had held talks with several mining firms.
The crypto market resumed its downward trajectory after a brief recovery on Tuesday. Bitcoin (BTC) and other cryptocurrencies crashed on Monday thanks to tariff-induced uncertainties but recovered on Tuesday.
The ongoing drop remains the most likely scenario for most of the coins, according to CoinMarketCap.
According to VanEck's Head of Digital Assets Research, these tariffs are accelerating Bitcoin's growth. From a speculative asset to a functional monetary tool.
Trump's tariffs threaten to move U.S. Bitcoin mining operations overseas, as the cost of hardware threatens to make miners uncompetitive.