Bitcoin (BTC) edged 1.3% higher on Tuesday, trading at $83,210.9, tracking a recovery in global markets after a bruising first quarter.
\ud83d\udcc9 Bitcoin’s Q1 Performance:
Down 11% in Q1 2025.
24% drop from its January all-time high.
Weighed down by profit-taking, regulatory uncertainty, and risk-off sentiment linked to Trump’s trade tariffs.
While broader cryptocurrencies also gained, sentiment remained fragile amid growing fears of U.S. recession risks and Trump’s economic policies.
\ud83d\udccc Key Date: April 2 ("Liberation Day")
President Trump is set to announce new trade tariffs on semiconductors, pharmaceuticals, and commodities.
Analysts fear increased economic uncertainty, which could impact speculative assets like Bitcoin.
\ud83d\uded1 Bitcoin Has Underperformed Stocks
Bitcoin has lagged behind the S&P 500 and Nasdaq (IXIC) so far in 2025.
Market sentiment is bearish, with investors preferring safe-haven assets over riskier investments like crypto.
\ud83d\udd39 Trump’s Sons to Take 20% Stake in American Bitcoin Mining
Eric Trump and Donald Trump Jr. will merge their firm with American Bitcoin, a mining operation controlled by Hut 8.
This follows Trump’s previous support for crypto, including:
\u2714 World Liberty Financial (DeFi project)
\u2714 $TRUMP memecoin
\u2714 Pro-crypto SEC appointments
\ud83d\udca1 However, Trump’s Policies Haven’t Boosted Crypto Prices
Trump proposed a strategic Bitcoin reserve from government holdings.
Despite his pro-crypto stance, market sentiment remains weak, and investors are skeptical about immediate benefits.
\ud83d\udd0d Monitor Crypto Market Data with These APIs:
Crypto Currency Free API
Stay updated on Bitcoin’s real-time price, market trends, and trading volume.
Commodities API
Track how Trump’s tariff policies on key commodities impact Bitcoin’s role as a hedge.
