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Crypto weekly update
10. April 2025  • clock 3 min •  Jozef Lajcin

Bitcoin Declines Due to Trade War Fears – Market Info

Since March 28, 2025, the cryptocurrency market capitalization has dropped by approximately 8% due to concerns over a trade war, tariffs imposed by Trump, and uncertainty in financial markets. At the time of writing, the market capitalization stands at 2.35 trillion euros. Bitcoin’s dominance is increasing, having risen by 2 percentage points. Market sentiment has also worsened, with the Fear & Greed Index (Fear & Greed Index) falling from 34 points to 25 points, indicating fear.

Bitcoin in Decline Due to Trade War Fears

Bitcoin dropped early Wednesday morning below the $75,000 mark. The decline followed the implementation of new tariffs introduced by Donald Trump – including 104% tariffs on Chinese goods and additional taxes for more than 60 trading partners. Ethereum fell by more than 6%, while most major cryptocurrencies, such as XRP, Dogecoin, BNB, Solana, and Cardano, also lost over 5%.

Smaller cryptocurrencies fared even worse – for instance, BERA plummeted by 20% and memecoins like BONK, PEPE, and FLOKI fell by more than 9%. The investor sell-off following the latest wave of tariffs wiped out gains from Tuesday’s rally, reflecting fears over the impact of global trade tensions on the economy and markets.

Not only cryptocurrencies but also U.S. bonds experienced a price decline, with yields on 30-year bonds rising by over 20 basis points to 4.98%, marking the largest three-day increase since 1982. Rising yields mean falling bond prices, reducing investor confidence in safe-haven assets that typically serve as a refuge during uncertain times. Higher yields also increase borrowing costs for the U.S. government, which is already facing high debt and a growing deficit. If this trend does not reverse, it could cause turbulence in financial markets, hinder economic growth, and negatively affect stocks and cryptocurrencies, which are sensitive to changes in macroeconomic conditions.

However, the sentiment shifted significantly on Wednesday evening. Donald Trump temporarily backed down from most of his planned measures and announced a 90-day delay on all new tariffs, reducing them to just 10%. This, however, does not apply to China, where the situation continues to escalate. In response to the 90-day tariff delay, Bitcoin once again surged above $83,000, while the stock market recorded one of its best trading days since the global financial crisis in 2008. It was also the third strongest trading day in its entire history.

According to analyst Ryan Lee from Bitget Research, the current volatile period in the markets may present a good buying opportunity for long-term investors. If the situation stabilizes and crypto-friendly policies emerge, he believes Bitcoin could surpass the $100,000 mark again by the end of 2025, pushing the total market capitalization back above $3 trillion. source

Companies Lost Over $4 Billion on Bitcoin After U.S. Tariff Hike

The value of corporate Bitcoin reserves dropped by more than $4 billion after the increase in U.S. tariffs under the leadership of Donald Trump triggered sell-offs in global markets. As of April 7, the total value of corporate Bitcoin holdings stood at approximately $54.5 billion, whereas on April 2 it was around $59 billion, according to the portal BitcoinTreasuries.net.

This decline was also reflected in the shares of companies publicly holding Bitcoin. For example, the ETF fund Bitwise Bitcoin Standard Corporations (OWNB), which tracks a portfolio of corporate Bitcoin holders, fell by more than 13% since the tariff announcement. Similarly, the company Strategy (formerly Microstrategy) led by Michael Saylor, known as a pioneer in corporate Bitcoin investments, also saw a drop.

While in 2024 the sharp rise in Bitcoin had pushed Strategy’s stock up by more than 350%, the recent developments are reinforcing doubts about the sustainability of this strategy. A case in point is GameStop, which lost nearly $3 billion in market value in March after announcing plans to hold Bitcoin as part of its corporate reserves. Investors are asking: if Bitcoin is the new direction, what happens to the original business model?

Although critics point out that the high volatility of cryptocurrencies and uncertain regulations are at odds with the stability and liquidity that companies usually require for managing reserves, some experts see long-term potential in Bitcoin. According to Fidelity Digital Assets, Bitcoin can serve as protection against rising debt, currency devaluation, and geopolitical risks. Interestingly, according to a report by Binance, Bitcoin was able to retain its value better than traditional assets during the recent market turmoil. This suggests that Bitcoin could in the future become a stronger component of corporate reserves – especially for companies seeking innovative ways to diversify their finances. Source

Bitcoin User Accidentally Pays $60,000 in Fees

A Bitcoin user, in a panic, accidentally paid nearly 0.75 BTC, approximately $60,000, as a transaction fee. This happened during an attempt to use Replace-by-Fee (RBF) – a feature that allows users to increase the fee to expedite the processing of a transaction.

source: cointelegraph

The transaction was sent on April 8 shortly after midnight. The user attempted to modify the original transaction and increased the fee but also added a new input (UTXO) containing nearly 0.75 BTC. Due to an error – likely caused by stress or a misconfigured wallet – this entire balance was unintentionally included as the fee.

According to analyst Anmol Jain from AMLBot, there was most likely confusion between the fee per byte (sat/vB) and the total number of satoshis. The user may have thought they were setting a moderate fee (e.g., 30.5 sat/vB) but instead entered 305,000 sat/vB, which is extremely high.

The RBF feature has been controversial for some time because it allows pending transactions to be modified. Its goal is to have miners prioritize transactions with higher fees. Although RBF was designed as a practical tool, it often leads to confusion – especially when users are unsure how it works. This case illustrates how quick decisions and technical uncertainties can lead to costly mistakes. Source

Therefore, if you’re not sure how to properly work with cryptocurrencies, it’s wise to entrust such actions to experts. Platforms like Fumbi offer simple and secure solutions for investing in cryptocurrencies without the need for technical knowledge. This way, you can avoid mistakes that could cost you dearly and invest with peace of mind.

Team Behind Melania Trump Memecoin Allegedly Quietly Sold $30 Million Worth of Tokens

The team behind the cryptocurrency Melania Meme (MELANIA), which is associated with U.S. First Lady Melania Trump, allegedly quietly transferred and began selling up to $30 million worth of tokens from community funds. This move was flagged by analytics firm Bubblemaps, which monitors blockchain activity.

According to their findings, 50 million MELANIA tokens were transferred from community funds into a single wallet, from where they were split across multiple addresses. A significant portion of these assets was then moved to exchanges and other addresses. The team behind the project has not commented on these transfers.

Bubblemaps also claims that as much as 92% of all MELANIA tokens are still held in wallets belonging to the token’s creators, which, according to them, means that another sell-off may still occur. The MELANIA token was launched on January 19 — one day after Donald Trump introduced his own memecoin. Since its peak, however, the MELANIA token has lost more than 96% of its value and is currently trading at around $0.51. Source

source: cointelegraph

Ripple (XRP) Acquires Hidden Road for $1.25 Billion

Ripple, known for its blockchain payment infrastructure, has announced a major acquisition. The company has acquired crypto-friendly broker Hidden Road for $1.25 billion. This is one of the largest mergers in the history of the cryptocurrency industry. Thanks to this deal, Ripple will become the first crypto company to own and operate a global multi-asset broker.

source: cryptotimes

Hidden Road currently processes over $3 trillion annually for more than 300 financial institutions. Ripple plans to leverage this infrastructure to strengthen its own stablecoin RLUSD, which was introduced in December 2024. CEO Brad Garlinghouse also stated that Hidden Road will begin using the XRP Ledger for faster trade settlement and will use RLUSD as collateral.

Ripple is very familiar with this firm – it has been their long-time client. With this move, Ripple aims to further bridge traditional finance with the world of crypto. According to company president Monica Long, Ripple is currently more focused on acquisitions as a growth strategy rather than pursuing an IPO.

Garlinghouse added that this acquisition comes at a crucial moment for the U.S. digital assets market. According to him, the new regulatory environment is opening doors for crypto development in the U.S. Hidden Road CEO Marc Asch believes that new resources and licenses will help the company continue to grow, expand its offering, and serve a broader range of clients. Source

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