In 2025, Bitcoin has faced a decline of over 6% year-to-date, despite the US Dollar dropping 9%. Historically, such a decrease in the Dollar usually boosts Bitcoin’s price, but this time the top cryptocurrency has not followed the trend. Increased economic uncertainty and a global trade war have shifted investor sentiment, leading them to favor ...
Bitcoin spot exchange-traded funds (ETFs) have faced significant outflows amounting to $595 million between March 28 and April 8, despite Bitcoin’s surge to $82,000 on April 9. The ongoing global trade war and fears of an economic recession are leading investors to favor safer assets, causing continuous withdrawals even after some tariffs were lifted. Market ...
The ongoing global trade war, sparked by recent U.S. import tariffs, is shifting investor perspectives, with Bitcoin gaining traction as a safe-haven asset alongside gold. While traditional stock markets face instability, Bitcoin’s inherent digital nature and 24/7 liquidity are attracting renewed interest. Experts highlight Bitcoin’s potential as a non-debasable asset, especially as countries like China ...
Amid escalating U.S.-China trade tensions, Bitcoin is gaining traction as a potential safe-haven asset, similar to gold. Following President Trump’s recent announcement of substantial import tariffs, traditional stock markets have faced steep declines, prompting investors to explore alternatives like Bitcoin. While gold still dominates as a reliable refuge, Bitcoin’s digital nature and 24/7 access are ...
Traders in both crypto and stock markets were hopeful for a resolution to avoid 104% tariffs on Chinese goods, but the White House announced they would take effect on April 9. This news led to a 1.6% drop in the S&P 500, reigniting concerns about Bitcoin’s potential recovery in a challenging economic climate. As the ...
Bitcoin and other cryptocurrencies faced significant declines on Thursday following President Trump’s announcement of new tariffs, which unsettled the stock Market. Bitcoin dropped 4%, trading at $82,413.22, while Ether and Solana fell 7% and 13%, respectively. The tariffs, ranging from 10% to higher for certain countries, sparked fears of an escalating trade war. As the ...
Bitcoin, often called “digital gold,” is facing a tough reality as institutional investors turn back to traditional gold during ongoing trade tensions and economic uncertainty. A recent Bank of America survey indicated that 58% of fund managers prefer gold over Bitcoin, which only received a 3% preference as a safe haven. As geopolitical risks and ...
Concerns about a global trade war are impacting both traditional and cryptocurrency markets as investors prepare for a possible tariff announcement from US President Donald Trump on April 2. This potential development could influence Bitcoin’s price throughout the month. Following Trump’s announcement of import tariffs on Chinese goods in January, investor sentiment has weakened, leading ...
The current Bitcoin bear Market is considered relatively mild, with analyst Timothy Peterson suggesting it may last only 90 days. He compared it to previous bear markets, highlighting that only four were longer-lasting. Peterson forecasts that Bitcoin is unlikely to drop below $50,000, attributing this to ongoing adoption trends. He anticipates a potential price rally ...
Bitcoin miners are adjusting their strategies due to the ongoing trade war between the US and Canada, which is creating uncertainty in energy prices and policies. President Trump’s potential tariff increases have prompted Ontario’s government to rethink its plans for higher power export costs. While Canadian mining firm Bitfarms feels secure with its hydroelectric energy ...
