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Bitcoin Steady Amid Trump Trade Turmoil

Bitcoin Steady Amidst Trump’s Trade War Impact on Markets

  • Bitcoin’s price remains stable at $82,876 despite market turmoil.
  • The S&P 500 experienced its worst day since June 2020.
  • Bitcoin ETFs saw $165 million in outflows over the week.
  • Grayscale launched two new Bitcoin ETF products.
  • Tether purchased 8,888 Bitcoins for approximately $735 million in Q1.

Despite President Trump’s trade war impacting U.S. equities and the dollar, Bitcoin holds steady at $82,876. Grayscale expanded its ETF offerings, while Tether increased its Bitcoin holdings significantly.

Source (2.6)https://decrypt.co/313375/this-week-bitcoin-steady-trump-trade-war?rand=52368
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