The Bad Crypto Podcast Ep 771 - Trump Tariffs Trigger Crypto Turbulence - Bad News For April 2, 2025
Apr 2, 2025
Recent Trump tariffs are shaking the crypto landscape, sparking debates about market manipulation and a resurgent Bitcoin price. The hosts share insights on how these economic shifts could redefine crypto's future, as big money continues influencing politics. From the evolution of crypto trading to the risks tied to genetic testing and data privacy, they discuss the intersection of technology and finance. Plus, there's laughter about memes and the origins of April Fool's Day, making for an enlightening yet entertaining listen!
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Bitcoin Whale Manipulation
- Bitcoin whales might be suppressing the price below $85,000.
- A breakout above $92,000 is anticipated if buying pressure increases.
Bitcoin as a Reserve Currency
- Larry Fink, CEO of BlackRock, suggests Bitcoin could replace the U.S. dollar.
- He believes Bitcoin's innovative nature and perceived safety make it a potential threat to the dollar's dominance.
Tariff Impact on Crypto
- Trump's Tariff Liberation Day on April 2nd, 2025, will impact the crypto market.
- Investors should watch market reactions to determine if it's "risk on" or "risk off."