Defx Insights

Tag: Trump Tariffs

  • Bitcoin Price Crashes 11% to $77K as Trump Tariffs Spark Global Panic

    Bitcoin Price Crashes 11% to $77K as Trump Tariffs Spark Global Panic

    The cryptocurrency market faced a severe downturn today as Trump’s new tariff policies triggered what traders are calling ‘Black Monday.’ Bitcoin’s dramatic price movement has sent shockwaves through both traditional and crypto markets, with the flagship cryptocurrency plummeting 11% to test critical support at $77,000.

    Market Impact of Trump’s Tariff Announcement

    The selloff intensified after Trump announced a 10% baseline tariff on all US imports, with additional reciprocal tariffs targeting both allies and competitors. This aggressive trade policy, set to take effect on April 9, has sparked fears of a global economic slowdown.

    Key market movements include:

    • NASDAQ down 11% in two sessions
    • Bitcoin (BTC) dropped 11% to $77,000
    • Ethereum (ETH) plunged 20% to $1,429

    SPONSORED

    Navigate market volatility with up to 100x leverage on perpetual contracts

    Trade Now on Defx

    Expert Analysis and Market Outlook

    Bill Ackman, despite being a Trump supporter, has called for a 90-day pause on the tariffs, warning of potential ‘nuclear winter’ for the US economy. Meanwhile, Van de Poppe from MN Consultancy suggests these measures could be reversed within 6-12 months.

    Potential Recovery Catalysts

    Several factors could support a market recovery:

    • Possible Fed intervention with interest rate cuts
    • Potential quantitative easing (QE) cycle
    • Growing institutional interest in crypto as a hedge

    Alternative Investment Opportunities

    While the market experiences turbulence, several presale opportunities have emerged as potential safe havens, offering immunity from current market volatility. These include BTC Bull Token ($BTCBULL), SUBBD Token ($SUBBD), and Lightchain AI ($LCAI).

    FAQs

    Q: How long could the market downturn last?
    A: Experts suggest the impact could be temporary, with possible recovery within 6-12 months.

    Q: What are the key support levels to watch?
    A: Bitcoin’s immediate support lies at $75,000, with secondary support at $72,000.

    Q: How might this affect crypto adoption?
    A: The situation could accelerate crypto adoption as a hedge against economic uncertainty.

  • Bitcoin Crashes Below $75K as Trump Tariffs Spark Fed Rate Cut Push

    Bitcoin Crashes Below $75K as Trump Tariffs Spark Fed Rate Cut Push

    Bitcoin Crashes Below $75K as Trump Tariffs Spark Fed Rate Cut Push

    Bitcoin plunged below the critical $75,000 level on Monday as former President Donald Trump’s aggressive tariff policies and calls for Federal Reserve rate cuts sent shockwaves through global markets. This latest market turmoil comes amid escalating trade tensions between the US and China.

    Market Impact of Trump’s Trade War Escalation

    The cryptocurrency market faced severe pressure after Trump imposed new tariffs last week, raising the total levy on Chinese goods to 54%. China’s retaliatory measures, including a 34% tariff increase, triggered a broader market selloff that affected both traditional and crypto assets.

    Key market impacts include:

    • Bitcoin dropped below $75,000, marking a significant pullback from recent highs
    • Nasdaq futures hit their lowest levels since January 2024
    • WTI crude oil prices fell 16% to $60 per barrel
    • Global markets showing signs of risk-off sentiment

    SPONSORED

    Navigate market volatility with up to 100x leverage on perpetual contracts

    Trade Now on Defx

    Trump’s Fed Rate Cut Advocacy

    Through his Truth Social platform, Trump emphasized several key points:

    • No current inflation concerns
    • Declining oil and food prices
    • Need for immediate Fed rate cuts
    • Billions in tariff revenue from “abusing countries”

    Market Expectations and Fed Response

    Current market pricing suggests five potential Fed rate cuts this year, aligning with Trump’s stance. These cuts could help cushion the impact of aggressive tariff policies, though uncertainty remains high.

    FAQ Section

    How will Trump’s tariffs affect Bitcoin prices?

    The immediate impact has been negative, with Bitcoin falling below $75,000. However, some analysts suggest that Fed rate cuts could eventually provide support for crypto assets.

    What are the implications for crypto investors?

    Investors should prepare for increased volatility as markets digest both the trade war escalation and potential Fed policy changes.

    Could Fed rate cuts benefit Bitcoin?

    Historically, accommodative monetary policy has been positive for risk assets, including cryptocurrencies, though current market conditions present unique challenges.

    Looking Ahead

    As markets continue to process these developments, key factors to watch include:

    • Further trade policy developments between US and China
    • Fed’s response to market pressures
    • Bitcoin’s behavior at key support levels
    • Global market risk sentiment

  • Bitcoin Crashes Below $76K: Trump Tariffs Spark Global Market Panic

    The cryptocurrency market is experiencing a major selloff today as Bitcoin plunged below $76,000, with over $500 billion wiped from the total crypto market cap amid escalating trade tensions between the US and China. The market turmoil comes as Trump’s new tariff policies send shockwaves through global financial markets.

    Market Overview: Widespread Selloff Hits Crypto

    Bitcoin briefly touched $75,000 in early Monday trading, marking a 7.7% decline over the past 24 hours. The leading cryptocurrency’s price action has closely mirrored traditional markets, with the VIX volatility index surging to 52.77 – levels not seen since the COVID-19 market crash.

    Key market stats:

    • Bitcoin 24h decline: -7.7%
    • Total crypto market cap loss: $500B
    • US stock market Friday losses: $3.25T
    • VIX Index: 52.77

    What’s Behind the Crypto Crash?

    Several factors are contributing to the current market downturn:

    • Escalating US-China trade tensions
    • Trump’s aggressive tariff policies
    • Institutional investor de-risking
    • Technical resistance at $80K

    Altcoin Opportunities Amid the Chaos

    While Bitcoin struggles, some altcoins are showing resilience. Solana’s ecosystem continues to show strength despite price pressure, with Total Value Locked (TVL) reaching new all-time highs.

    SPONSORED

    Trade with confidence using up to 100x leverage on perpetual contracts

    Trade Now on Defx

    Expert Analysis and Price Targets

    Market analysts remain divided on Bitcoin’s next move. While some predict a deeper correction, others view this as a healthy retrace before the next leg up. Long-term forecasts remain bullish, with several analysts maintaining price targets above $100,000 by Q1 2026.

    Key Support Levels to Watch

    • $75,000: Critical psychological support
    • $72,500: Previous resistance turned support
    • $70,000: Major technical and psychological level

    FAQ: Market Crash Questions

    How long could this crypto downturn last?

    Historical data suggests market corrections typically last 2-4 weeks during bull markets, though external factors like trade wars could extend this timeline.

    Should investors buy the dip?

    While attractive entry points may emerge, investors should practice careful risk management and consider dollar-cost averaging rather than large single entries.

    What’s the worst-case scenario?

    Technical analysis suggests strong support at $70,000, though a break below could see Bitcoin test the $65,000 range.

    Remember: All investments carry risk, especially during periods of high volatility. Always conduct thorough research and never invest more than you can afford to lose.

  • Bitcoin Price Crashes 10% to $75K as Trump Tariffs Rock Markets

    Bitcoin Price Crashes 10% to $75K as Trump Tariffs Rock Markets

    Bitcoin (BTC) plunged below the critical $75,000 support level on Monday as global markets reeled from President Trump’s aggressive new tariff policies. The leading cryptocurrency dropped 10% in 24 hours amid a broader market selloff that saw Asian stocks experience their worst decline since the 1997 financial crisis.

    The dramatic market moves come as Trump’s announcement of sweeping new tariffs triggered a wave of panic selling across all asset classes. Hong Kong’s Hang Seng index crashed 14%, while major cryptocurrencies faced severe pressure.

    Market Impact Breakdown

    • Bitcoin (BTC): Down 10% to $75,000
    • Ethereum (ETH): Plunged 22% to $1,514
    • XRP: Crashed over 20%
    • Solana (SOL): Dropped more than 20%
    • Bitcoin Dominance: Rose to 63%, highest since 2021

    SPONSORED

    Navigate volatile markets with up to 100x leverage on perpetual contracts

    Trade Now on Defx

    Global Market Turmoil

    The selloff intensified after China announced retaliatory 34% tariffs on all U.S. goods. Traditional safe-haven assets like U.S. Treasury bonds saw increased demand, with the 10-year yield dropping 3 basis points to 4%.

    Expert Analysis

    Bill Ackman urged for a 90-day pause on tariffs to prevent what he called a “self-induced economic nuclear winter.” Meanwhile, Goldman Sachs raised its recession probability to 45% and brought forward its Fed rate cut expectations.

    What’s Next for Bitcoin?

    Key support levels to watch:

    • $72,000: Previous resistance turned support
    • $70,000: Psychological level
    • $65,000: 2021 all-time high

    FAQ

    Q: Why is Bitcoin falling with stocks?
    A: The correlation between Bitcoin and traditional markets often increases during periods of macro uncertainty and risk-off sentiment.

    Q: Could this trigger a crypto bear market?
    A: While significant, Bitcoin’s 63% market dominance suggests potential rotation rather than complete market exodus.

    Q: What are the key levels to watch?
    A: The $70,000 psychological level and previous ATH at $65,000 represent crucial support zones.

  • Meme Coins Crash: DOGE, SHIB, PEPE Plunge Over 20% on Trump Tariffs

    Key Takeaways:

    The cryptocurrency market’s meme coin sector is experiencing severe turbulence as leading tokens post double-digit losses following President Trump’s unexpected tariff announcement. The widespread selloff has particularly impacted popular meme cryptocurrencies, with market leaders like Dogecoin (DOGE), Shiba Inu (SHIB), and PEPE facing sharp declines.

    Dogecoin, the original meme cryptocurrency, has plummeted by approximately 25% in the past 24 hours, currently trading at $0.135. This significant drop comes as analysts closely watch critical support levels that could determine the token’s short-term trajectory.

    Market Impact and Analysis

    The meme coin sector’s vulnerability to macro-economic shocks has been highlighted by this recent market movement. While the entire crypto market has faced downward pressure, meme coins have experienced particularly severe corrections due to their historically higher volatility.

    SPONSORED

    Trade meme coins with up to 100x leverage and protect your positions with advanced order types

    Trade Now on Defx

    FAQ Section

    Q: What caused the meme coin crash?
    A: The crash was primarily triggered by President Trump’s announcement of new tariffs, which sparked a broader market selloff affecting both traditional and crypto markets.

    Q: How much have major meme coins dropped?
    A: Leading meme coins have experienced losses ranging from 20-25%, with Dogecoin down 25%, and others like Shiba Inu and PEPE showing similar significant declines.

    Q: What’s the outlook for meme coins?
    A: Market analysts suggest watching key support levels and broader market sentiment, as meme coins typically show higher sensitivity to macro-economic events.

  • XRP Price Crashes 20% to $1.75 as Trump Tariffs Spark Market Panic

    The cryptocurrency market faced severe turbulence today as XRP plummeted from $2.20 to $1.75, marking a dramatic 20% decline amid widespread market turmoil triggered by President Trump’s sweeping tariff announcement. This price movement coincides with broader crypto market instability that has sent Bitcoin below $75K.

    Global Markets Reel from $1.65 Trillion Wipeout

    According to crypto analyst Oscar Ramos, U.S. stock markets hemorrhaged approximately $1.65 trillion following Trump’s announcement of worldwide tariffs. The ripple effects quickly spread to cryptocurrency markets, with Bitcoin plunging from $88,000 to $77,000 in a matter of hours.

    SPONSORED

    Trade XRP with up to 100x leverage and maximize your profit potential

    Trade Now on Defx

    XRP Liquidations Reach Critical Levels

    The market turmoil triggered a cascade of forced liquidations, with XRP-specific liquidations reaching $21 million. Long positions accounted for $15 million of the total, while short positions contributed $6 million to the liquidation event.

    Technical Analysis Points to Further Downside

    The formation of a bearish ‘Three Black Crows’ pattern on XRP’s daily chart suggests additional selling pressure may be imminent. RSI readings remain above oversold territory, indicating potential for further decline toward the $1.50-$1.60 support zone.

    Strategic Outlook and Market Implications

    Despite the launch of Ripple’s new RLUSD stablecoin on Kraken, market sentiment remains bearish. Technical analysis suggests key support levels will be crucial for any potential recovery.

    FAQ Section

    What caused the XRP price crash?

    The crash was primarily triggered by President Trump’s announcement of global tariffs, which caused widespread market panic across both traditional and crypto markets.

    What are the key support levels for XRP?

    Current technical analysis identifies $1.50-$1.60 as the next major support zone, with $1.75 serving as immediate resistance.

    How does this affect the broader crypto market?

    The market-wide impact has resulted in over $500 million in total liquidations, suggesting potential for continued volatility across all major cryptocurrencies.

  • Bitcoin Crashes 8% to $77.3K as Trump Tariffs Rock Crypto Markets

    Bitcoin Crashes 8% to $77.3K as Trump Tariffs Rock Crypto Markets

    Bitcoin and the broader cryptocurrency market faced severe downward pressure today as Trump’s sweeping new tariff announcements sent shockwaves through global financial markets. The leading cryptocurrency plummeted 8% to $77,300, while Ethereum suffered an even steeper 14% decline.

    Market Impact of Trump’s Tariff Announcement

    Billionaire investor and Trump ally Bill Ackman has called for a 90-day pause on the implementation of new US tariffs as markets reel from the announcement. The proposed pause aims to give businesses and markets time to adjust to the dramatic policy shift.

    Key Price Levels to Watch

    Bitcoin’s critical support level at $81,000 was decisively broken during today’s selloff, opening the door for further downside. Technical analysts are now watching the $75,000 level as the next major support zone.

    Broader Market Implications

    The crypto market’s reaction mirrors broader financial market concerns, with liquidations reaching $900 million as traders rush to reduce risk exposure.

    SPONSORED

    Trade Bitcoin with up to 100x leverage and maximize your profit potential

    Trade Now on Defx

    Expert Analysis

    Market analysts suggest this correction could present a buying opportunity for long-term investors, though short-term volatility is expected to persist as markets digest the implications of the new tariff policies.

    FAQ

    How long could this market downturn last?

    Analysts expect volatility to continue until there’s more clarity on the implementation of the new tariffs.

    What are the key support levels to watch?

    After breaking $81,000, the next major support levels are at $75,000 and $72,000.

    How does this compare to previous market corrections?

    This correction is notably different as it’s driven by macro policy changes rather than crypto-specific factors.

  • Bitcoin Price Crashes 6% to $77.8K as Trump Tariffs Spark Market Panic

    Bitcoin Price Crashes 6% to $77.8K as Trump Tariffs Spark Market Panic

    Bitcoin (BTC) plunged below the critical $78,000 level on Sunday, with the leading cryptocurrency trading at $77,840 – marking a sharp 6% decline as global markets reel from President Trump’s sweeping new tariff announcement. This latest price action comes amid broader market turmoil that has erased over $160 billion in crypto market value during the weekend selloff.

    The flagship cryptocurrency, which maintained prices above $80,000 through most of 2025, has now declined 28% from its January all-time high of $109,000. Trump’s recent trade policies have triggered unprecedented volatility across global financial markets.

    Massive Liquidations Hit Crypto Markets

    The immediate impact of the tariff announcement has been severe, with Bitcoin experiencing over $247 million in long liquidations within just 24 hours. Ethereum wasn’t spared either, facing $217 million in similar liquidations during the same period.

    SPONSORED

    Trade Bitcoin with up to 100x leverage and maximize your profit potential

    Trade Now on Defx

    Global Markets Face Historic Losses

    The ramifications extend far beyond crypto markets. The S&P Global Broad Market Index has recorded staggering losses of $7.46 trillion, while the U.S. stock market alone shed $5.87 trillion. International markets weren’t spared, with global markets experiencing a $1.59 trillion decline.

    What This Means for Crypto Investors

    As market indicators signal potential bearish trends, analysts suggest Bitcoin will likely continue moving in tandem with traditional equities. The cryptocurrency market, initially expected to benefit from favorable regulatory developments this year, now faces significant headwinds from macroeconomic uncertainties.

    Key Support Levels to Watch

    Technical analysts identify several critical support levels:

    • $77,000: Immediate support level
    • $75,500: Secondary support zone
    • $72,000: Major psychological support

    FAQ Section

    Why is Bitcoin falling with stocks?

    Bitcoin has increasingly correlated with traditional risk assets, particularly during periods of macro uncertainty. The current decline reflects broader market concerns about global trade tensions.

    Will Bitcoin recover from this dip?

    Historical patterns suggest Bitcoin typically recovers from macro-driven selloffs, though timing varies. Investors should monitor global trade developments and market sentiment for recovery signals.

    What’s the outlook for Bitcoin in 2025?

    Despite current volatility, many analysts maintain bullish long-term forecasts, with some targeting $150,000-$175,000 by year-end, though near-term uncertainty remains high.

  • Peter Schiff: Crypto Markets Crack Under Trump Tariff Pressure

    Peter Schiff: Crypto Markets Crack Under Trump Tariff Pressure

    Gold advocate and long-time crypto skeptic Peter Schiff claims the cryptocurrency market is ‘starting to crack’ as global markets reel from Donald Trump’s latest tariff announcements. This follows Jim Cramer’s recent warning of a potential 1987-style market collapse due to Trump’s tariff policies.

    Market Impact and Schiff’s Analysis

    The economist’s comments come as cryptocurrency markets face increased pressure, with Bitcoin recently falling below $80,000 and erasing $160 billion in market value. Schiff particularly criticized President Biden’s proposed Strategic Bitcoin Reserve, comparing it unfavorably to Trump’s controversial tariff policies.

    Global Market Response

    The broader financial markets have shown significant volatility in response to Trump’s proposed tariff increases. Traditional safe-haven assets like gold have seen increased interest, while crypto markets struggle to maintain support levels.

    SPONSORED

    Trade with confidence during market volatility – up to 100x leverage on perpetual contracts

    Trade Now on Defx

    Expert Analysis and Market Outlook

    Market analysts suggest the current situation could lead to increased correlation between crypto and traditional markets, potentially challenging Bitcoin’s narrative as a safe-haven asset. However, some experts predict both Bitcoin and gold could see major gains as markets adjust to the new trade landscape.

    FAQ Section

    How will Trump’s tariffs affect crypto markets?

    The immediate impact has been negative, with increased market correlation leading to downward pressure across crypto assets.

    Is Bitcoin still considered a safe-haven asset?

    The current market reaction has raised questions about Bitcoin’s safe-haven status, though some analysts maintain its long-term potential as a hedge against economic uncertainty.

    What’s the outlook for crypto markets?

    While short-term volatility is expected, many experts believe the fundamental case for cryptocurrency adoption remains strong despite current market conditions.

  • Bitcoin Price Plunges as Trump Tariffs Spark Market Turmoil

    Bitcoin Price Plunges as Trump Tariffs Spark Market Turmoil

    Bitcoin’s price is experiencing significant downward pressure as U.S. futures markets signal broader economic concerns following President Trump’s latest trade policy moves. Recent market analysis warns of potential 1987-style market collapse due to Trump’s tariff policies, adding to investor anxiety.

    Market Impact Analysis

    The cryptocurrency market’s reaction comes as traditional markets grapple with renewed trade tensions. While some analysts predict potential gains for Bitcoin and gold as safe-haven assets, current price action suggests immediate uncertainty.

    Technical Overview

    Key support levels are being tested as Bitcoin faces selling pressure:

    • Current price showing weakness below previous support
    • Trading volume increasing on downside moves
    • Technical indicators suggesting oversold conditions

    SPONSORED

    Trade Bitcoin with up to 100x leverage and maximize your profit potential

    Trade Now on Defx

    Expert Analysis

    Market analysts suggest Trump’s approach mirrors tactics outlined in ‘The Art of the Deal,’ potentially using tariffs as negotiating leverage. This strategy has historically led to increased market volatility.

    Looking Ahead

    Investors should monitor these key factors:

    • Further trade policy developments
    • Global market reactions
    • Safe-haven asset flows

    FAQ

    How will Trump’s tariffs affect Bitcoin?

    The immediate impact appears negative, but historical data suggests Bitcoin could benefit as a safe-haven asset during economic uncertainty.

    What support levels should traders watch?

    Key technical support levels exist at major moving averages and previous consolidation zones.