- Trump impacts markets with reciprocal tariffs on April 2.
- Bitcoin rose 2.1% on April 1, 2025.
- Mixed expert opinions on Bitcoin’s future amidst tariffs.
Bitcoin’s potential for acting as a hedge may rise amid Trump’s tariffs, causing near-term volatility and broader market effects.
Bitcoin’s price reacted positively following President Trump’s declaration of reciprocal tariffs, intended for April 2, 2025. As markets respond, Bitcoin demonstrated resilience by climbing above $85,000. Financial investor Robert Kiyosaki cautioned about possible downturns impacting Bitcoin, while Fred Krueger remains optimistic about Bitcoin in tariff-affected worlds.
“I see a major crash coming for Bitcoin, gold, and silver.” — Robert Kiyosaki, Financial Investor, Author of “Rich Dad Poor Dad.”
The cryptocurrency market saw notable activity with a 2.1% increase for Bitcoin, despite a general retreat with a nearly 2% dip in market capitalization. Cryptocurrency stocks flourished, with mining companies like Scientific and CleanSpark experiencing significant gains.
Tech stocks declined, attributed to caution surrounding the tariffs, reflecting widespread market uncertainty. Expert opinions, like that from Dan Greer, suggest Bitcoin could either mirror tech stocks’ volatility or decouple if viewed as a hedge amid economic disruption.
The broader implications could include regulatory adjustments in international trade and shifts toward viewing Bitcoin as an asset with hedging capabilities. Historical trends show potential for profitability in April, with past performances averaging a 12% monthly return for Bitcoin.