Bitcoin, Trump’s meme coin tumble after US tariff announcement
Tuesday, 4 February 2025 Cryptocurrency prices fell as President Trump announced new tariffs, but Bitcoin showed some recovery. Other digital assets like Ethereum and dogecoin saw larger declines. Trump's meme coin also plummeted significantly. Despite his earlier skepticism, Trump now supports crypto, aiming to make the U.S. a leader in the industry. Bitcoin remains close to its record high despite fluctuations.
Co-creator of Bitcoin Country Max Keiser predicts Trump’s Global Tariff War and economic chaos are perfect conditions to send Bitcoin to $2,200,000 per BTC: “Global tariff war = global currency crisis and economic chaos. PERFECT CONDITIONS for BITCOIN $2,200,000 in play!”
The CEO of Bitcoin wallet and payments application Strike, Jack Mallers, believes that the BTC market cap will shoot up 400x to 500x from here sending the Bitcoin price parabolic to $50,000,000 per..
Trump issues a fiery warning to the European Union, threatening a 200% tariff in retaliation for the EU’s “nasty” 50% duty on American goods. Declaring that the U.S. has been taken advantage of..
President Donald Trump is threatening a massive 200 percent tariff on champagne and wine from Europe in the latest escalation of a bitter trade war. The president lashed out at the..