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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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Recent Posts
  • Deutsche Bank to launch crypto custody accounts in 2026: Report
  • UK’s Smarter Web Company adds $24.7M in Bitcoin, now holds 773 BTC
  • Bitcoin due to copy S&P 500 to hit new all-time high in July: Forecast
  • Bitcoin targets $200K as profit metrics enter ‘cautiously optimistic’ zone
  • Elon Musk’s xAI raises $10B as Trump threatens to unleash DOGE on him
  • Centrifuge brings S&P 500 onchain in tokenized fund launch
  • FATF warning on stablecoin crimes is not anti-crypto, intel firms say

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