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Bitcoin gets $71K target as tariffs deal rare US business outlook slump

cryptoweekly by cryptoweekly
April 3, 2025
in bitcoin, News
0

Bitcoin may only be saved by a US liquidity turnaround after trade tariffs deal a major blow to the latest attempt to bring back the BTC price bull run.

Bitcoin (BTC) faces conditions similar to the 2022 bear market bottom as US business sees “very high risk” to come.

In his latest analysis, Charles Edwards, the founder of quantitative Bitcoin and digital asset fund Capriole Investments, queried when the US would start printing money.

Bitcoin reacted noticeably worse than US stocks after President Donald Trump announced worldwide reciprocal trade tariffs on April 2.

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  • Metaplanet eyes digital bank acquisition in phase 2 of Bitcoin strategy
  • BlackRock iShares Bitcoin ETF surpasses 700K Bitcoin
  • Bots behind most tokens on Pump.fun and LetsBonk: Coinbase exec
  • Bitcoin miner BitFuFu mines 445 BTC for its biggest production month
  • SEC acknowledges Trump’s Truth Social Bitcoin and Ethereum ETF
  • Vitalik Buterin advocates ‘copyleft’ licensing in crypto
  • Coinbase crypto lobby urges Congress to back major crypto bill

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