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Hodlers on edge: Trump’s tariffs shake Bitcoin, but some are buying the dip

cryptoweekly by cryptoweekly
April 7, 2025
in bitcoin, News
0

Bitcoin holders face pressure after US President Donald Trump’s trade tariff shock, but Arthur Hayes is still buying.

Bitcoin holders are facing renewed pressure following US President Donald Trump’s trade tariff announcement, which sent shockwaves through global financial markets, including cryptocurrencies.

However, with Bitcoin (BTC) hodlers now under pressure, some community members, including BitMEX co-founder Arthur Hayes, are not missing a chance to buy BTC at a discount.

“Been nibbling on BTC all day, and shall continue,” Hayes wrote on X on April 7 as the Bitcoin price hovered around $75,000.

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Recent Posts
  • $100B Binance Futures volume backs traders’ ‘altseason’ claim
  • Crypto confusion: 50% of non-investors don’t understand it well enough to buy
  • Bitcoin liquidity wars carry on, but BTC price target remains $140K
  • Bitfarms to buy back 10% of shares, calls stock undervalued
  • Russia is not planning to ban foreign messaging apps, provided they comply with Russian law
  • Boom in RWA tokenization expected after passing of GENIUS Act — Aptos exec
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