Trump’s tariff, coding summit March 7, Bitcoin News

Bitcoin is still in the early stages of its bear market, with a modern sale from 108 thousand dollars to 83 thousand dollars just the beginning, according to the analyst. The market is expected to drown much lower, and the analyst urges those coming out as soon as possible to avoid the next “bloodbath”, warning that the next recession will not leave any survivors.

The encryption market witnessed a sharp reflection on Tuesday, as the main symbols Cardano (ADA), XRP and Solana (SOL) fell by 21 %, which has erased the recent gains fed by President Trump’s announcement of a strategic reserve for American encryption. The assembly, which saw the ADA increase by 60 %, climbed XRP 33 %, and Sol Jump 22 %, did not last long due to the collection of profits and wider market fluctuations. Trump’s tariff for Canada, Mexico and China feed the sale, as investors are waiting for clarity from the next White House encryption.

Pruntors from the US government’s recent declaration of a 10 % tariff on all Chinese goods, China will implement an additional tariff on American imports starting from March 10, 2025. New measures include a 15 % tariff on American chicken, wheat and other products, as well as a 10 % tariff on soybeans, red and more. These measures increase tensions between the two countries, indicating a possible escalation in the ongoing trade conflict.

Samson Mo, CEO of JAN3, expressed his concerns about President Trump’s reserve plan. He warned that the random altcoins can lead to chaos and convert the initiative into a speculative game. MOW suggested that the reserve should give priority to the principles of work (POW) such as Bitcoin (BTC), Litecoin (LTC), and Monero (XMR) to ensure stability and credibility in the encryption space, and avoid unorganized altcoins risk.

ATLANTA FED team reviewed its estimation in the GDP 2025 from -1.5 % to -2.8 %, indicating a shrinkage. President Trump’s trade war intensifies, with tariffs to 20 %, adding pressure to the economy. This has caused great fluctuations, seen 54 % in VIX since February 14. With valid, market participants are preparing for more fluctuations, and provides possible trading opportunities, especially in stocks and encryption markets.

The Sensex today is unlike the global shrinkage, as Asian stocks decreased sharply in the midst of President Trump’s ads. The 25 % definitions on Canada and Mexico, and 10 % on China raised fears of the trade war, which stopped economic growth. The cryptocurrency market also crashed, as Bitcoin, Ether, XRP and Altcoins have seen huge sales. The total maximum Crypto market decreased by 12.3 %, while $ 1.08 billion of references hit the market, indicating extensive losses among traders.

Peter Chef has made warnings on President Trump’s recent tweets, describing them as “the largest clouds of a coding carpet” in all ages. Chef calls for an investigation into Congress in composing and timing functions at the expense of Trump, the social truth, and whether those who have prior knowledge of the advertisement benefit from the purchase and sale of XRP, Ada, Sol, BTC and ETH. The investigation will also explore the potential relations with Trump, family and donors’ staff.

In response to the US government’s announcement of a 10 % tariff on all Chinese goods, China will impose an additional tariff starting from March 10, 2025. It will face a 15 % tariff on American chicken, wheat and other products, while soybeans, pork and more will face a 10 % tariff, and an escalation of continuous trade frequencies between the two.

GrayScale Investments applied for approval on a new HEDERA (HBAR) ETF with the US Securities and Exchange Committee (SEC), which represents ETF, which focuses on Altcoin VI. This step is part of the broader GrayScale strategy to provide more Altcoin investment products. SEC’s current position under the leadership of Mark Uyeda was more supportive of the ALTCOIN, which indicates a broader potential adoption.

The encryption market, falling $ 460 billion in only 24 hours, with more than $ 1.09 billion in liquidation. Bitcoin (BTC) decreased more than 10 %, while altcoins such as ETHEREUM (ETH), XRP, Solana (Sol) and Cardano (ADA) decreased by 15 % -25 %. Analysts expect that BTC will decrease to $ 70,000 -75,000 dollars before resuming the upward trend. Despite the announcement of President Trump’s encryption reserves, the market continued to be uncertain amid the tariff news.

Ben Zhou CEO Ben Zhou has revealed that among $ 1.4 billion of penetrated money, 77 % still can be tracked, 20 % have been, and 3 % have been frozen. The infiltrators have successfully converted 83 % of the stolen money, which amount to about one billion dollars from ETHEREUM (ETH), to Bitcoin (BTC). This important development highlights the continuous investigation and the complex nature of tracking and restoring the stolen cryptocurrency.

Bitcoin (BTC) witnessed a sharp decrease, as it decreased to 83 thousand dollars, while ETHEREUM (ETH), XRP and Solana (Sol) also decreased 14 % -20 % inside the day. The encryption market lost approximately 10 % in value amid huge squares with a total of more than one billion dollars. Despite the announcement of President Trump’s encryption reserves, liquidity setbacks and the wider market trends in the sale, as coins such as Dogecoin and Shiba Inu fell.

ETHER (ETH) has decreased by 15 % over the past 24 hours, as it has reached invisible levels since November 2023, as the broader market with the fluctuations raised by American threats Donald Trump. This has led to a wider decrease with more than $ 165 million in long situations and weak institutional demand, and ETH faces continuous declining pressure and exacerbation of total economic factors.