Bitcoin (BTC) fell to a four-month low of $74,500 on April 7, and data suggests that the price may not have bottomed yet. Investors dumped risk assets after US President Donald Trump doubled down on his plan to impose global tariffs over the weekend, triggering a $9.5 trillion wipeout in global equity markets. BTC/USD…

US Securities and Exchange Commission (SEC) Commissioner and vocal crypto critic Caroline Crenshaw has accused the US regulator of downplaying risks and misrepresenting the US stablecoin market in its newly published guidelines. However, many in the crypto industry see the SEC’s decision as a step in the right direction. In an April 4 statement, Crenshaw,…

Bitcoin (BTC) price could head back toward the $100,000 level quicker than investors expected if the early signs of its decoupling from the US stock market and gold continue. Source: Cory Bates / X The “gold leads, Bitcoin follows” relationship is starting Bitcoin has shrugged off the market jitters caused by US President Donald…

Goldman Sachs has lowered its oil price forecasts, citing concerns over escalating trade tariffs and a slight increase in supply from OPEC+ producers. Sees Brent crude averaging $69 per barrel and WTI at $66 in 2025, with further declines to $62 and $59, respectively, in 2026. These projections are $4 below the forward-curve implied…

Stellantis laying off 900 workers at five U.S. facilities following Trump tariff announcement the firm is also pausing production at one assembly plant each in Mexico and Canada In a letter sent to employees ... the firm said its "continuing to assess the medium- and long-term effects of these tariffs on our operations, but…

Barclays has flagged downside risks to its $74 per barrel forecast for Brent crude in 2025, citing the escalating global trade war. Analysts at the bank noted that mounting trade tensions are likely to dampen global economic activity and oil demand, tilting the risks to its price outlook to the downside. *** Hard to…

Between Oct. 25, 2024, and Jan. 16, 2025, XRP (XRP) had one of the best rallies of the current bull market, gaining 600% as investors piled in with the hope that a pro-crypto presidency would benefit Ripple and its cryptocurrency. During this time, the quarterly average of daily active addresses jumped by 490% and…

The diplomatic cost of the US president’s tariffs will be enduring

Deutsche Bank is out wit ha quick note on the tariffs: Quick summary of President Trump's announcements: tariffs on the American continent are lower than expected, European tariffs are as expected, tariffs on Asia significantly higher than expected. There should be a straightforward FX re-adjustment between Asia FX (weak) and Latam FX + CAD (strong)…

Stock futures tumble as US reveals plans to impose 10% universal levies and higher ‘reciprocal’ duties