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Cryptocurrency News Articles

As April 2025 Unfolds, the Crypto Market Is in a State of Flux

Apr 04, 2025 at 01:17 am

Bitcoin (BTC) is maintaining its position at around $85,000, Ethereum (ETH) and XRP are trying to gain momentum

The April 2025 crypto market is still in a state of flux. Bitcoin (BTC) is holding steady at around $85,000, Ethereum (ETH) and XRP are lagging behind, and newer projects like Coldware (COLD) are gaining traction amidst the uncertainty caused by global geopolitical events.

The announcement of fresh tariffs from former U.S. President Donald Trump, aimed at over 25 countries, is adding to the market volatility. Investors are now considering which assets will best navigate these geopolitical and economic tensions.

Crypto Prices Today: BTC Lags, ETH Edges Up, XRP Shows Strength

Bitcoin (BTC) price: $84,946

Ethereum (ETH) price: $1,870

XRP price: $0.78

The Count Down To Trump’s Tariffs

Former U.S. President Donald Trump is set to announce new tariffs on goods from several countries, including China, Canada, and Mexico, on April 1, 2025. The move is expected to increase costs for consumers and businesses and could lead to further trade disputes.

Trump’s administration has imposed tariffs on over $700 billion in goods from China over the past few years in an effort to reduce the U.S. trade deficit and boost domestic manufacturing. However, the tariffs have been largely blamed for the current inflation crisis, as they have raised prices for everything from clothing and furniture to electronics and cars.

The move comes as the U.S. economy is showing signs of weakness. The Institute for Supply Management (ISM) said on Monday that its manufacturing index fell to 47.3 last month, the lowest reading since March 2013 and signaling a contraction in factory activity for the seventh straight month. Economists polled by Dow Jones had expected a reading of 49.0, compared with 47.7 in December.

The ISM’s non-manufacturing index, also known as the services sector index, fell to 50.1 last month, the lowest reading since April 2020 and signaling a slowdown in service sector activity. Economists had expected a reading of 52.3, compared with 53.0 in December.

The bleak economic outlook has led some investors to pour money into safe-haven assets such as Bitcoin (BTC). The cryptocurrency has risen sharply in recent months, trading above the $80,000 mark on Monday.

However, Trump’s tariffs could derail the crypto market rally. The move is likely to increase market volatility and make investors skittish.

Investors Will Weigh Up BTC, ETH & Coldware (COLD)

With Trump’s tariffs set to create a wave of uncertainty in the markets, the big question is: which cryptocurrencies will come out on top?

Bitcoin (BTC) and Ethereum (ETH) are likely to remain in the spotlight in the short term, but Coldware (COLD) presents a compelling case for long-term investment, boasting a unique value proposition in the crowded crypto landscape.

As the world grapples with geopolitical tensions and high inflation, investors are seeking assets that can provide stability and potential for growth. In this vein, Coldware (COLD) offers an interesting alternative to more volatile assets like Pi Network (PI), which has been struggling to meet its hype.

While Pi Network (PI) has faced issues with its supply and performance, Coldware (COLD) is focused on providing real-world blockchain solutions and mobile device security, which could be more appealing to investors looking for stability and long-term growth.

Its presale has already raised over $2.2 million, a testament to investor confidence in its future prospects.

Its strong foundation in Web3 integration and focus on financial access make it a robust alternative to more traditional assets, presenting an opportunity for investors to diversify their portfolios and hedge against inflation.

Investors will now be closely watching to see how these assets perform in the coming weeks as Trump’s tariffs begin to impact the global economy.

Disclaimer:info@kdj.com

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Other articles published on Apr 05, 2025