Trumps Tariffs Massacre Crypto Market



The White House confirmed that 104% tariffs against China will go live at midnight tonight, much to the woe of the crypto market. After a brief recovery to $79,000, Bitcoin fell to $76,000 amid $300 million in total crypto liquidations.

There are a few points of optimism, as Bitcoin’s long positions rose to 54%. Tomorrow will be a critical day to follow; it may bring chaos to TradFi, but crypto could potentially weather the storm.
NIGHT1.87%
BTC-3.13%
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GateUser-d466a3a9
· 2025-04-10 16:21
varryyyyyy naccccceeeeeeeeeee
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APersonIsAGuestAt
· 2025-04-09 01:33
According to the official SEC filing, the strategy may sell Bitcoin to meet investor payments if cash reserves are insufficient. Despite market turbulence related to U.S. tariffs, Michael Saylor still promotes Bitcoin as digital gold. The company has not liquidated any BTC reserves, but faces uncertainty due to market developments.
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