🔥 Bitcoin vs. Trump’s Tariff Tantrum: Who Wins? 🔥

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In case you’ve been living under a rock (or a pile of Bitcoin), let’s catch you up: Trump’s trade war is the new reality show, and we’re all just waiting for the next episode to drop. April 2nd is the big reveal, and everyone’s favorite cryptocurrency, Bitcoin, is on the edge of its seat. 🤑

Remember when Trump first started this whole tariff party on January 20th? Oh, the nostalgia. It was like the first episode of a new series where you think, “This could be good…or it could be a disaster.”

Since then, we’ve seen Bitcoin take a nosedive, falling 18%. And the S&P 500? Let’s just say it’s not looking too spiffy either, down over 7%. 📉

Stella Zlatareva, the dispatch editor at Nexo, had this to say to CryptoMoon: “April 2nd is like the Super Bowl for tariff watchers. Will Trump go for the touchdown or the field goal?”

But wait, there’s more! Trump decided to up the ante on March 29th, pressing his advisors to get even more aggressive with the tariffs. Because, you know, why not throw another log on the fire? 🚒

The April 2nd announcement is supposed to be the big kahuna, detailing all sorts of reciprocal trade tariffs. Trump’s trying to shrink that $1.2 trillion trade deficit, which is like trying to fit into your high school jeans. Possible, but painful.

Bitcoin ETFs and Whales: A Love Story

Amidst all this uncertainty, Bitcoin’s big fish — the “whales” — are just chilling, continuing to accumulate more and more BTC. These whales are like the cool kids at school who don’t let anything phase them. 🐋

Since the beginning of 2025, the number of these whale addresses has been pretty steady. Not quite at the peak of 2024, but still, they’re not going anywhere. 🎉

Iliya Kalchev from Nexo had this gem of wisdom: “Risk appetite is like a shy turtle right now, hiding in its shell thanks to Trump’s tariff threats. But whales and ETFs are still at it, accumulating like there’s no tomorrow. Or like there’s a tomorrow, but it’s filled with more tariffs.”

“BTC accumulation by whales and a 10-day ETF inflow streak point to steady institutional demand. But hawkish surprises — from inflation or trade — may keep crypto rangebound into April.”

And then, just when you thought it was safe to go back in the water, Fidelity’s ETF had a little outflow situation on March 28th. $93 million worth of outflows, to be exact. 🌊

But hey, don’t lose hope! Analysts are still predicting a bright future for Bitcoin, with price predictions ranging from $160,000 to above $180,000. So, hold onto your hats (and your BTC) because it’s going to be a wild ride. 🎢

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2025-03-30 16:29