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Hodlers on edge: Trump’s tariffs shake Bitcoin, but some are buying the dip

cryptoweekly by cryptoweekly
April 7, 2025
in bitcoin, News
0

Bitcoin holders face pressure after US President Donald Trump’s trade tariff shock, but Arthur Hayes is still buying.

Bitcoin holders are facing renewed pressure following US President Donald Trump’s trade tariff announcement, which sent shockwaves through global financial markets, including cryptocurrencies.

However, with Bitcoin (BTC) hodlers now under pressure, some community members, including BitMEX co-founder Arthur Hayes, are not missing a chance to buy BTC at a discount.

“Been nibbling on BTC all day, and shall continue,” Hayes wrote on X on April 7 as the Bitcoin price hovered around $75,000.

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  • Why crypto’s next breakthrough could start in the classroom — Animoca’s Yat Siu
  • Institutional investors continue to scoop up Bitcoin above $100K
  • Senator Tim Scott slams partisan politics for failed stablecoin bill
  • TapSwap on Telegram: Is it legit or a scam?
  • Gemini to launch crypto derivatives in Europe with new license
  • Ethereum Foundation distributed $32.6M grants to ecosystem in Q1
  • Taiwan lawmaker calls for Bitcoin reserve at national conference

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