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Bitcoin

Bitcoin huge, altcoin flip as the Trump’s trade war stimulates revenge: the encryption summary this week this week

It was another big week in cryptocurrency markets, full of prominent developments and great moves led by the global political actions of US President Donald Trump.

More precisely, his commercial war that escalated this week. In what he called “Tahrir’s Day”, Potus declared huge definitions against many countries, including some of the country’s largest partners. This was on April 2 and they should be combined on April 5.

Of course, many countries and regions decided to fight by announcing their customs tariffs. The last thing he did is China, which earlier today duty 34 % revenge tariff for all goods imported from the United States.

These developments led to great fluctuations in all financial markets, including encryption. Bitcoin started the work week with a penalty of $ 81200, but it soon started to restore traction and rose slightly over $ 88,000 on Wednesday amid reports that Trump will remove Elon Musk from his inner circle.

However, it was just hours before the tariff ads related to “Liberation Day” and the BTC soon reflected its course. In just a few hours, the cryptocurrency fell by many major and fell to $ 82300. Its recovery did not succeed and the bitcoin was received to $ 8,1200 on Thursday.

Another failed recovery attempt occurred today when BTC approached $ 85,000, but after that the Chinese retaliation tariff appeared. Bitcoin’s reaction was with an immediate diving to $ 81,600. It is now struggling with less than $ 83,000, with 2.5 % per week.

The most essential weekly losses come from several altcoins, led by TON (-14 %), link (-11 %), SIU (-12.5 %), and Sol (-10 %). ETH, ADA, BNB, and Doge are also deep in red.

Market data

Weekly market overview: Source: Quantifycrypto

The maximum market: $ 2.748t 24h Vol: 112B $ | BTC dominance: 59.8 %

BTC: 82,720 dollars (-4.5 %) | Eth: $ 1788 (-5.3 %) | XRP: $ 2.1 (-4.2 %)

Curd addresses for this week you cannot miss

Arthur Hayes predicts the printing of money, up to Bitcoin. With everyone’s focus on the trade war, many experts rushed to present their opinion on how these unsure BTC and financial markets influence. Arthur Hayes explained his positive prediction, indicating that Bitcoin should maintain this level of the American tax day (April 15) to stay in the bull cycle structure.

Here is why Ethereum (ETH) is still bleeding, according to Cryptoquant. ETHEREUM continues to perform, with the price price less than $ 1,800 earlier this week. Cryptoquant called some reasons behind ETH conflicts, including the decreasing network activity.

Does Trump’s tariff affect the cryptocurrency as expected? Yazan Santim. Trump’s definitions and repetition by many other countries have an undeniable and immediate effect on BTC and the encryption market. However, what are the long -term effects? You can find out here.

Stablecoin circuit files for the public subscription source after the large revenue report. The most positive organizational scene in the United States allowed the department, the company behind the second largest stablecoin, to make a preliminary general show (IPO). This came after a strong revenue report from the company for Q1, 2025.

Metaplanet increases Bitcoin’s holdings to 4,046 BTC with the latest acquisition. In the wake of its example through Michael Celor’s strategy, Metaplanet, Michael Celor’s strategy is not annoyed by global economic uncertainty and continues to purchase BTC frequently. Silor did the same thing this week.

Bitcoin, ether post The worst performance in the first quarter in 7 years. Despite the great expectations of February and March, it was found that the first quarter of this year is the worst for the largest cryptocurrency according to the maximum market. BTC decreased by only 12 %, while the price of ETH decreased by more than 45 %.

Graphic

This week, we have a striped analysis for ETHEREUM, Ripple, Cardano, Shiba Inu and Solana – Click here to analyze full price.

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