CoinDesk Podcast Network
COINDESK DAILY: Trump Escalates Trade Tensions with China
Apr 8, 2025
The podcast dives into the escalating trade tensions between the U.S. and China, highlighting President Trump's tariff threats. Bitcoin has surprisingly stabilized around $80,000 despite the turmoil. Meanwhile, the U.S. Justice Department disbands its crypto unit, reflecting changing regulatory stances. Legal battles are brewing as a lawyer sues for documents that could disclose Bitcoin's mysterious creator, Satoshi Nakamoto. Tune in for insights on how these events intertwine with the future of crypto.
03:11
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Quick takeaways
- The U.S.-China trade tensions are causing market volatility, yet Bitcoin remains stable, demonstrating a strong contrast to traditional equities.
- The disbandment of the U.S. Justice Department's crypto unit indicates a potential shift towards less stringent crypto regulations affecting future dynamics.
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