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Cryptocurrency News Articles
Donald Trump's "Liberation Day" Tariffs Have Sent Large-Cap Crypto Prices Tumbling
Apr 03, 2025 at 08:57 pm
Donald Trump’s “Liberation Day” tariffs have sent large-cap crypto prices tumbling. The Bitcoin price is back below the $84,000 support level
Donald Trump's "Liberation Day" tariffs have sent large-cap crypto prices crashing.
The Bitcoin price is now back below the $84,000 support level, trading at $83,400 at press time, while the top altcoins are faring much worse.
However, low-cap crypto assets have remained largely unaffected by the macroeconomic uncertainty of the past few weeks.
For instance, an early Titcoin buyer has turned his $250 investment into six figures. The investor purchased 2 $SOL worth of the meme coin early, which is now worth over $360,000.
Someone bought 2 sol $titcoin and now is $360,000 in profit.🤖 https://t.co/Tp4hPOhEE8
As seen in the chart above, Titcoin reached an all-time high market capitalization of $42 million on Wednesday before a pullback.
Several crypto influencers are still bullish on the new meme coin’s upside potential, with many like Crypto King expecting it to reach a $200 million valuation in the short term.
However, Elliot Wave counts suggest that the meme coin’s first impulsive move, which comprises 5 smaller waves in the direction of the broader trend, is over. A three-wave corrective move to the downside should be next, which explains the recent pullback in Titcoin.
Titcoin appears to be a beta play on Fartcoin — both built on the same bullish thesis, though history shows such knockoff plays rarely replicate the original’s success.
Consequently, sidelined investors should exercise caution while investing in Titcoin and ideally wait for a high-volume bullish reversal before betting on it.
BTC Bull
While Titcoin may not be an attractive investment, BTC Bull is continuing to see investments from whales and retailers alike.
The meme coin has raised over $4.3 million in its ICO, despite the broader market uncertainty.
Unlike Titcoin, which is simply a beta play on Fartcoin, BTCBULL has tied itself to Bitcoin's long-term viability.
The project claims that BTC is highly undervalued at its current price and will hit $250k in the mid-term and $1 million in the long-term. Many notable industry leaders, including Strategy's Michael Saylor and BlackRock's Larry Fink, agree with this bullish thesis.
BTC Bull allows its holders an additional avenue to benefit from BTC's forward march. They will earn massive free Bitcoin airdrops and BTCBULL airdrops and benefit from token burn events when the BTC price hits certain set milestones.
For instance, a significant portion of the BTCBULL supply will be burnt when the Bitcoin price hits $125k. Meanwhile, the first Bitcoin airdrop will be triggered at $150k.
In the meantime, BTCBULL holders can continue to earn staking rewards, currently at an APY of 95%.
Owing to its unique value proposition and small market cap, prominent analysts are viewing BTC Bull as the next 100x crypto. Investors who missed out on Titcoin could make it up with BTCBULL.
Visit BTC Bull Presale
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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