By Emir Abyazov U.S. President Donald Trump announced worldwide retaliatory trade tariffs, causing Bitcoin to plummet. Following the announcement of a new round of trade war, the Bitcoin exchange rate fell by 7.15%. BTC/USDT 4-hour chart. Source: TradingView Charles Edwards, founder of Bitcoin fund Capriole Investments, wonders when the U.S. will start printing money, pointing […]
Tag: US
By Emir Abyazov The hashrate of the Bitcoin blockchain is skyrocketing, exposing the widening gap between the network’s activity and the price of BTC. According to data from Blockchain.com, the hashrate, which shows the processing power required to mine a block on the Proof-of-Work consensus-based Bitcoin network, reached an all-time high of 856 exahashes per […]
By Marco Piccolo Bitcoin just gave traders the kind of opportunity they dream about. After tapping a new local high of $88,500, BTC dropped sharply to $81,000 on Thursday following a surprise announcement from Donald Trump: sweeping new tariffs on global imports. As traditional markets buckled, crypto followed — with Bitcoin shedding over 8% in […]