EPISODE · Feb 8, 2025 · 14 MIN
Trump’s Tariffs Crash Markets & Wall Street Goes Crypto | Bitcoin.com Weekly Update
from Bitcoin.com News Weekly Update · host Bitcoin.com News
Trump’s new tariffs just triggered a market meltdown, wiping out billions from stocks and crypto, while gold surged to new highs. But there’s a silver lining—Wall Street could pour trillions into crypto as new policies reshape the industry. Here’s what’s happening this week: - Trump’s Tariffs Wreak Havoc – Bitcoin crashed to $91.5K, with $10B in liquidations—worse than the FTX collapse. Meanwhile, gold soared to a record $2,800/oz. - Trillions Coming to Crypto? – Bitwise CIO Matt Hougan predicts a Bitcoin supercycle as U.S. regulations shift. Could BTC hit $200K this year? - Trump’s Sovereign Wealth Fund & Bitcoin – The U.S. could officially add Bitcoin to its reserves—a game-changer for global markets. - Microstrategy Pauses Buying Bitcoin – Michael Saylor halts BTC purchases amid tariff-driven volatility. What’s next for MicroStrategy’s $30B BTC war chest? - Bitcoin Hashrate Hits Record High – BTC’s hashrate reached an insane 840 EH/s, pushing mining difficulty to new levels. - Global Crypto Regulation Shifts – India, Thailand, and the UK make big regulatory moves—is crypto adoption about to accelerate? - Travala & Trivago Partner – Now you can book millions of hotels with Bitcoin and crypto! - Plus: Stablecoins balloon by $14B, the SEC pivots to a more crypto-friendly stance, and Elon Musk slashes U.S. spending to fight inflation. Don’t miss this one—hit LIKE & SUBSCRIBE for weekly crypto updates!
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Trump’s Tariffs Crash Markets & Wall Street Goes Crypto | Bitcoin.com Weekly Update
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