Author: Anthony M. Orbison

The last several weeks have seen economic policy wreak havoc on the markets. However, that could be set to benefit the leading cryptocurrency, as Bitcoin may get a boost with the Chinese yuan devaluing amid the brewing US trade war aligning with historical trends for the token.Both the United States and China have been embroiled in rising geopolitical tensions; the markets are in a concerning spot. Following the debut of US President Trump’s Liberation Day tariffs, the US stock market suffered a three-day selloff that wiped $5 trillion of value in US equities.Source: Watcher GuruAlso Read: BTC: Why Is Bitcoin…

Bitcoin (BTC) danced around $80,000 at the April 8 Wall Street open as US stock markets staged a fresh recovery, but unresolved tensions between China and the US continue to put a damper on BTC’s upside. BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewHayes: Bitcoin can repeat historic China inflowsData from Cointelegraph Markets Pro and TradingView showed BTC price volatility cooling while the S&P 500 and Nasdaq Composite Index gained up to 4.3% in the first few hours of trading.Stocks built on a strong rebound that had accompanied the start of the week’s TradFi trading, alleviating fears of a 1987 “Black Monday” style…

America is the envy of the world, underpinned by our unparalleled economic power, and derived from the supremacy of the US dollar as the currency of choice. In recent times, however, our dominance has been eroded. Whether due to negligence by former administrations or economic aggression from adversaries, other forms of currency have risen in an attempt to replace the dollar. With this, our ability to leverage access to U.S. backed financial institutions have diminished. Efforts to undermine our monetary dominance has led to fragmentation of the world’s financial system and marked an erosion of America’s global influence. Furthermore, our…

Despite the ongoing market meltdown on US trade tariffs, executives at major cryptocurrency firms Messari and Sygnum are bullish on institutional Bitcoin adoption later in 2025.Speaking on a panel at Paris Blockchain Week on April 8, Messari CEO Eric Turner and Sygnum Bank co-founder Thomas Eichenberger said they expect a significant shift in the banking sector’s involvement with crypto in the second half of the year.According to the executives, the global banking push into Bitcoin (BTC) services has great potential to happen in the second half of 2025 as regulators embrace crypto, including stablecoins and crypto services by banks.“I think…

Bitcoin and other cryptocurrencies are often praised for offering around-the-clock trading access, but that constant availability may have contributed to a steep sell-off over the weekend following the latest US trade tariff announcement.Unlike stocks and traditional financial instruments, Bitcoin (BTC) and other cryptocurrencies enable payments and trading opportunities 24/7 thanks to the accessibility of blockchain technology.After a record-breaking $5 trillion was wiped from the S&P 500 over two days — the worst such drop on record — Bitcoin remained above the $82,000 support level. But by Sunday, the asset had plummeted to under $75,000.Sunday’s correction may have occurred to due…

Bitcoin could begin to take market share from gold over the next decade as a hedge against inflation and geopolitical uncertainty, according to Blockstream CEO Adam Back.Speaking during a fireside chat with Cointelegraph managing editor Gareth Jenkinson at Paris Blockchain Week 2025, Back said rising inflation and monetary instability across global economies will drive broader Bitcoin (BTC) adoption. He compared the cryptocurrency to gold, noting its scarcity and growing recognition as a store of value despite its 30% correction from its all-time high above $109,000.“Bitcoin has the advantage of being like gold — it’s a scarce asset but also undergoing…

Global trade tensions triggered by US President Donald Trump’s sweeping tariff measures may come to an end with a potential deal with China as investors remain concerned about escalation from both sides.Trump’s April 2 announcement of reciprocal import tariffs sent shockwaves through global equity and crypto markets. The measures include a 10% baseline tariff on all imported goods, effective April 5, with higher levies — such as a 34% tariff on Chinese imports — set to begin on April 9.However, the tariff negotiations may only be “posturing” for the US to reach an agreement with China, according to Raoul Pal,…

One presumably panicked Bitcoin user paid nearly 0.75 BTC ($70,500) in a replace-by-fee (RBF) transaction fee.The transaction in question was sent about 30 minutes after midnight UTC on April 8. It was the second attempt at performing an RBF that changed the transaction’s target address, sending 0.48 Bitcoin ($37,770) with 0.2 BTC of change ($16,357).Second Bitcoin RBF transaction. Source: Mempool.SpaceAnmol Jain, vice president of investigations at crypto forensics firm AMLBot, told Cointelegraph that the original transaction featured a “default or conservative” fee. The first RBF raised the fee to nearly double the amount and changed the output address.Both of those…

Cathie Wood’s investment firm ARK Invest is showing a mixed reaction to the United States’ latest trade tariffs, offloading shares of its spot Bitcoin ETF while increasing its position in Coinbase.ARK has acquired $26.6 million of Coinbase (COIN) stock since US President Donald Trump announced new trade tariffs on April 2, according to trading data seen by Cointelegraph.The purchase includes a $13.2 million COIN buy on April 7 and another $13.3 million purchase on April 4.Despite this bullish move on Coinbase, ARK simultaneously sold $12 million of its ARK 21Shares Bitcoin ETF (ARKB) on April 7. ARKB was one of…

Bitcoin (BTC) sought a relief rally into the April 7 Wall Street open as US stocks rebounded from a 4%+ loss.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin joins US stocks in relief rallyData from Cointelegraph Markets Pro and TradingView showed the area around $80,000 forming a focus for BTC/USD after the pair hit five-month lows.The fallout from US trade tariffs continued to ricochet across global markets, with Asia stocks closing the day with considerable losses.At the same time, reports of a potential 90-day pause in the tariffs going live, against a background of negotiations with over 50 US trading partners, helped pare…