Bitcoin has surged past $81,000 as the crypto market reacts positively to new tariff policies introduced by the Trump administration. In a significant move, U.S. lawmakers are accelerating efforts to
Are you ready for a potential earthquake in global trade? Just when we thought the economic landscape was settling, news has broken that could send ripples across financial markets, potentially impacting everything from traditional stocks to the volatile crypto sphere. A recent report from Walter Bloomberg on X (formerly Twitter) suggests that China’s Ministry of Finance is considering slapping a massive 84% tariff on goods imported from the United States. Let’s dive into what this could mean for the global economy and your investments. Understanding the Proposed China Tariffs on US Imports According to reports circulating on social media, specifically from the well-known financial news source Walter Bloomberg, China is contemplating a significant escalation in trade tensions with the U.S. The proposed measure involves imposing additional tariffs that could reach a staggering 84% on goods flowing from the United States into China. This isn’t just a minor adjustment; it’s a potentially seismic shift in the economic relationship between the world’s two largest economies. Key Points to Consider: Source of the News: The information originates from Walter Bloomberg on X, a source known for disseminating real-time financial news and market updates. While not an official government announcement, Bloomberg’s reports often carry weight and are closely watched by market participants. Magnitude of the Tariffs: An 84% tariff is exceptionally high. To put this into perspective, typical tariffs are often in the single or low double-digit percentages. Such a drastic increase signals a potentially aggressive stance from China. Scope of Impact: These tariffs, if implemented, would apply to goods imported from the U.S. The exact list of goods isn’t specified in the initial report, but a broad application could affect a wide range of American exports to China, from agricultural products to manufactured goods. Why are China Tariffs on US Imports Being Considered? While the exact reasons behind this potential tariff hike are not explicitly stated in the initial report, we can speculate on some likely contributing factors: Retaliation: Trade relations between the U.S. and China have been strained for years, marked by a series of tariffs and counter-tariffs. This move could be seen as a retaliatory measure against existing or anticipated trade actions from the United States. Economic Leverage: Tariffs are a tool of economic leverage. By increasing tariffs, China could be aiming to pressure the U.S. to reconsider its trade policies or to gain an advantage in ongoing trade negotiations. Domestic Economic Strategy: Imposing tariffs can also be a way to protect domestic industries. By making U.S. imports more expensive, China might be seeking to encourage domestic consumption and production. Geopolitical Tensions: Trade is often intertwined with broader geopolitical relations. Escalating trade tensions could be a reflection of, or a tool in, wider geopolitical maneuvering between the two nations. Trade War Impact: What Could Be the Repercussions? If China proceeds with these 84% tariffs, the trade war impact could be significant and multifaceted: Economic Consequences: For the U.S.: American exporters would face a massive barrier to the Chinese market. This could lead to decreased sales, reduced profits, and potentially job losses in export-oriented industries. Certain sectors, like agriculture and manufacturing, could be particularly vulnerable. For China: While aiming to protect domestic industries, China could also face consequences. Increased import costs could lead to inflation, potentially impacting consumers and businesses that rely on U.S. goods. It could also disrupt supply chains and affect China’s own export competitiveness in the long run. Global Economy: A major escalation in US-China trade tensions can send shockwaves through the global economy . It could disrupt global supply chains, increase uncertainty, dampen investor sentiment, and potentially slow down global economic growth. Financial Market Reactions: Stock Markets: Expect volatility in stock markets, particularly in companies with significant exposure to US-China trade. Sectors like technology, agriculture, and industrials could see pronounced reactions. Currency Markets: Currency fluctuations are likely. The Chinese Yuan and the US Dollar could both experience volatility as investors react to the shifting trade landscape. Commodity Markets: Commodity prices could be affected, depending on the specific goods targeted by the tariffs. For example, agricultural commodities like soybeans or corn could see price swings. Crypto Markets: In times of economic uncertainty, some investors turn to alternative assets like cryptocurrencies. A significant trade war escalation could potentially drive some capital into crypto, but it could also increase overall market risk aversion, leading to volatility across all asset classes, including crypto. Navigating the Financial Markets Amidst Trade Uncertainty For investors and businesses operating in the financial markets , navigating this period of trade uncertainty requires vigilance and a strategic approach: Stay Informed: Keep a close watch on developments. Follow reputable financial news sources for updates on trade negotiations, official announcements, and market reactions. Diversify Investments: Diversification is crucial in volatile times. Spread your investments across different asset classes and geographies to mitigate risk. Assess Portfolio Exposure: Understand your portfolio’s exposure to companies and sectors that are likely to be directly affected by US-China trade tensions. Consider Risk Management Strategies: Explore hedging strategies to protect your portfolio from potential downside risks. Long-Term Perspective: While short-term volatility is expected, maintain a long-term perspective. Economic cycles and trade relations evolve over time. Is This the Start of a Deeper Economic Conflict? The potential imposition of 84% tariffs raises serious questions about the future of US-China economic relations. Is this a negotiating tactic, or does it signal a more profound shift towards economic decoupling or a full-blown trade war? The coming weeks and months will be crucial in determining the trajectory. Businesses and investors need to be prepared for a potentially turbulent period in global trade and financial markets . This situation underscores the interconnectedness of the global economy and how trade policies in major economies like the U.S. and China can have far-reaching consequences. Whether you are a crypto enthusiast, a stock market investor, or a business owner, understanding these developments is vital for making informed decisions in today’s complex economic environment. Actionable Insights: Monitor Trade News: Regularly check for updates from financial news outlets and trade organizations. Review Investment Strategy: Reassess your portfolio’s risk profile in light of potential trade escalations. Prepare for Volatility: Expect increased volatility in financial markets and be ready to adjust your strategies as needed. Seek Professional Advice: Consult with financial advisors to get personalized guidance on navigating trade uncertainty. Conclusion: Navigating the Uncertain Waters of Global Trade The news of potential 84% tariffs from China on US imports is a stark reminder of the fragility of global trade and the ever-present risk of economic tensions. While the situation is still developing, and official confirmation is awaited, the potential implications are too significant to ignore. Staying informed, being prepared for market volatility, and adopting a strategic approach to investments are key to navigating these uncertain waters. The global economic landscape is constantly shifting, and adaptability is paramount for success in this dynamic environment. To learn more about the latest global economic trends, explore our article on key developments shaping global financial markets and economic policies.
The U.S. policy shift supports growth in Bitcoin-backed loan markets. Continue Reading: Bitcoin-Backed Loans Set to Thrive as U.S. Policy Shifts The post Bitcoin-Backed Loans Set to Thrive as U.S. Policy Shifts appeared first on COINTURK NEWS .
XRP, BTC, ETH price prediction: Crypto markets surge 5.5% adding 94.5 billion in market capitalization as Trump tariff reversal triggers renewed bullish momentum. XRP, and ETH outperforming BTC rally as Trump slashes global tariffs, excludes China The global cryptocurrency market staged a sharp rebound on Wednesday, climbing back above a $2.7 trillion total market capitalization, after former U.S. President Donald Trump announced a sweeping revision to his controversial tariff policy. The decision, which reduces tariffs for all U.S. trade partners to a flat 10% rate—excluding China—was met with a surge in investor confidence across global financial markets, including digital assets. Bitcoin price action, after Trump’s tariff rollback on April 8 2025 | Source: Coingecko Bitcoin (BTC) led the rebound, recovering from a steep intraweek decline that had seen prices fall to $74,600. By mid-Wednesday, BTC had surged 6.5% to trade above $82,600, as traders digested the implications of the trade policy shift. Ethereum (ETH) and Ripple’s XRP posted even stronger rallies, each gaining over 10% in the hours following the announcement, outperforming Bitcoin in percentage terms as the market repriced reduced geopolitical risk and renewed liquidity flows. How will Bitcoin, Ripple (XRP) and Ethereum (ETH) prices react to Trump’s tariff cuts? The policy shift marks a significant U-turn for Trump, whose initial sweeping tariffs triggered panic selling across equities, commodities, and crypto markets. The original policy, announced April 2, had proposed increased duties on all imports from U.S. trading partners, drawing criticism from global leaders and prominent U.S. Billionaire investors including Blackrock CEO, Larry Fink, and Jamie Damon, while Elon Musk also posted a Milton Freidman video from the 1970, criticising trade tariffs as an act of war, rather than a policy that stimultates long-term growth. Coingecko crypto markets grew 5.5% within hours of Trump’s reversal of the sweeping tariffs. Based on early market signals, the move is seen by analysts as an attempt to restore market confidence while preserving Trump’s tough-on-China stance. With Asian trading still currently closed, more capital inflows could enter the crypto markets as the tariff relief incentivizes investors to re-allocate capital towards risk assets including crypto. Here’s how BTC, XRP and ETH prices could potentially move in the coming trading sessions. Ethereum Price Forecast: ETH Eyes $1,800 Rebound After Sharp Bounce From Oversold Zone Ethereum (ETH) rebounded forcefully from a multi-week low, surging 11.23% on high volume to close at $1,638. The bullish candle pierced back inside the Keltner Channel, with price reclaiming the lower band at $1,499—often seen as a mean reversion signal. This recovery comes after ETH printed three consecutive red candles below the channel, historically an oversold trigger zone that sets up for relief rallies. Volume surged during the bounce, validating real demand and adding credibility to the reversal attempt. The Detrended Price Oscillator (DPO) has begun turning higher from deeply negative territory at -315.98, further reinforcing the view that the recent downtrend is losing steam. The DPO is a lag-free momentum filter, and its reversal near extremes supports the idea of a short-term trend shift. ETH Price Prediction The Ethereum price forecast now targets $1,800 as the next technical ceiling, which coincides with the midline of the Keltner Channel. However, traders should remain cautious of early profit-taking. If ETH stalls near $1,680, a reversal back to $1,500 remains on the table. This zone also marks a psychological pivot and previously established demand cluster, confirmed by the sharp bounce on heavy volume—a failure here reintroduces bearish risk. Ripple Price Prediction: XRP eyes $0.84 as bulls reclaim critical support XRP’s recent breakout above $2.04 marks a notable shift in short-term sentiment, supported by a high-volume bullish engulfing candle. As seen below, XRP price has broken above the VWAP at $1.95, a key level often used by institutional traders to gauge fair value. This further strengthens the bullish thesis as XRP recovers from an extended corrective phase. The Donchian Channel midline at $2.05 aligns with immediate resistance; a clean break above could confirm upside continuation. XRP Price Prediction From a technical standpoint, the price rebounded decisively off the lower Donchian Band at $1.61. This sharp reaction reflects a potential exhaustion of selling pressure and likely the beginning of a volatility expansion phase. The BBP (Bollinger Band Percent B) remains in deeply negative territory at -0.31, suggesting XRP has significant room to the upside before hitting overbought conditions. Historically, bounces from sub-0 BBP have preceded impulsive bullish runs. The Ripple price forecast now leans bullish in the near term, contingent on clearing $2.05 resistance. However, a caveat remains: early profit-taking poses heightened reversal risk from the $2.05 zone. A retrace toward $1.61, the recent Donchian low, remains plausible if volume fades and momentum stalls. Still, technical structure now favors bulls, with a close above $2.10 potentially triggering an extended move to $2.50. Bitcoin Price Forecast: BTC Aims for $84,000 as Bulls Seize Control from Key Reversal Zone Bitcoin price forecast signals now lean bullish after surging nearly 8% to reclaim $82,240, posting its strongest daily close since late March. The sharp bounce from $74,000—just above the lower Bollinger Band—reflects technical resilience near a psychologically pivotal level. That bottom aligns with the lower deviation of volatility bands, where institutional bids often accumulate ahead of major reversals. The rebound was supported by elevated volume, suggesting conviction behind the move rather than passive mean reversion. More so, the MACD line is curling toward the signal line at -1,433, hinting at a potential bullish cross if price sustains above $80,000. This lends credibility to a Bitcoin price forecast of $84,000 in the near term, which also coincides with the midline of the Bollinger Bands and prior breakdown zone. BTC Price Prediction While the bias leans bullish, the early gains face resistance. Profit-taking may trigger a pullback if BTC stalls near $83,500. The $77,600 level—validated by price clustering and proximity to the lower Bollinger Band—acts as critical psychological support. A breakdown below that risks renewed bearish pressure and MACD divergence breakdown, reintroducing downside risks swiftly. The post XRP, BTC, ETH Price Prediction as Trump cuts tariffs for all nations except China appeared first on CoinGape .
Regulatory roadblocks are crumbling as the U.S. Treasury signals a sweeping pivot toward blockchain, stablecoins, and digital assets, igniting America’s fintech dominance worldwide. Regulatory Barriers on the Brink as Treasury Sparks Blockchain Shift U.S. Treasury Secretary Scott Bessent laid out a broad financial reform agenda at the Bankers Association Summit on April 9, pledging to
Mounting international trade tensions are rattling cryptocurrency markets — but they could also accelerate institutional crypto adoption, several industry executives told Cointelegraph. Since US President Donald Trump announced sweeping tariffs on US imports on April 2, core cryptocurrencies experienced double-digit price swings , worsening an ongoing market rout starting earlier this year. However, “[t]he silver lining is that economic uncertainty has historically accelerated institutional interest in digital assets as a diversification strategy,” David Siemer, co-founder and CEO of Wave Digital Assets, told Cointelegraph. Bitcoin has already shown “signs of resilience” amid the market turbulence , underscoring the cryptocurrency’s potential as a hedge against geopolitical disruption, according to an April 7 Binance report. Now, “[a]s traditional banking channels become entangled in geopolitical tensions, we're witnessing increased demand for blockchain-based settlement solutions that operate outside conventional correspondent banking networks,” Siemer said. Bitcoin and the S&P 500’s recent performance. Source: 21Shares Related: US President Donald Trump issues 90-day pause on reciprocal tariffs Tariff turmoil On April 9, Trump paused implementation of a portion of the sweeping tariffs he announced last week on US imports while simultaneously vowing to hike levies on Chinese goods to 125%. The S&P 500 — an index of the largest US stocks — jumped more than 8% on the news, partially reversing losses tied to Trump’s original tariff announcement, according to Google Finance. Bitcoin’s ( BTC ) spot price, as well as the total cryptocurrency market capitalization, rose by a similar amount, roughly 8%, as of late-day trading on April 9, CoinMarketCap data shows. Crypto market caps are up on April 9. Source: CoinMarketCap Decentralized finance (DeFi) protocols are particularly well-positioned to benefit from trade turmoil, which highlights the segment’s “strategic value,” according to Nicholas Roberts-Huntley, co-founder and CEO of Concrete & Glow Finance. “DeFi offers a neutral, borderless alternative for accessing credit, earning yield, and moving capital,” Roberts-Huntley said. “For builders, this is an opportunity to double down on interoperability and censorship resistance.” Still, crypto prices will continue to mirror the broader market for the foreseeable future, Aurelie Barthere, a research analyst at Nansen, told Cointelegraph. If the sell-off continues, expect crypto to behave as “just a higher beta risk asset correlated with risk assets at the moment,” Barthere said. Magazine: DeFi will rise again after memecoins die down: Sasha Ivanov, X Hall of Flame
Bitcoin price may target $100,000 as favorable developments in US politics and equity markets spark renewed investor optimism. Following recent policy announcements, analysts are increasingly bullish, suggesting that Bitcoin could
The recent announcement from the White House regarding a pause on reciprocal tariffs has energized crypto-related stocks, revealing a direct impact on market dynamics. The shift in U.S. trade policy