Tariffs Slam, Bitcoin Still Grinning 😂

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In this grand theatrical display of global economics, our beloved US President Trump unleashed a mighty 10% tariff, as though orchestrating a grand waltz that promptly whacked both stock markets and crypto realms. The Dow stumbled more than 9% in five days—impressive, if you’re into defeat—and meanwhile, digital coins collectively lost a paltry $150 billion (oh, just some pocket change, right?) with altcoins particularly enjoying a swift trip downhill.

Bitcoin’s Mirthful Dance Beyond Tariff Turmoil

Fresh from the mighty halls of Binance Research arrived word that while the masses panicked, Bitcoin refused to shed as many tears as its siblings. BTC only slid by 19.1%—which, ironically, is a victory lap next to Ethereum’s epic 44.1% tumble. Memecoins and AI tokens apparently leapt off a cliff with even greater flair, diving to comical lows of over 50%. Meanwhile, gold kept shining brighter than my mother’s polished silverware, delighting doomsayers everywhere.

While tariffs howled, folks started gossiping about whether Bitcoin and equities were besties. At the dawn of these tariff threats in January, the two seemed less-than-friendly at -0.32 correlation—like cats and dogs, really. By March, oh how the tables turned! A 0.47 correlation teased that Bitcoin just might be frequenting the same parties as the stock market, at least until normality knocks again.

Still, the same report found that Bitcoin’s correlation with these old-school markets may spike under stress but scampers back to ignoring them soon enough. And lo, the stoic ranks of long-term hodlers keep hoarding those BTC crumbs, apparently giggling at volatility—like the comedic subplot of a grand drama where the hero remains fearless.

Looking Ahead: BTC vs. a World of Protective Borders

Should Trump’s tariffs keep stomping around, the crypto scene could face yet another test of willpower. Investors may prefer curling up with their teddy bears, and those inflationary whispers might grow louder—oh, the romance! But if the economy tumbles, and the Federal Reserve decides to toss interest rates off a cliff, risk-friendly folks might just party it up with Bitcoin as the star of the show.

Lest we forget, an astute oracles’ note from Titan of Crypto points to a potential BTC rally if M2 money supply keeps swelling—like a balloon waiting to pop. Historically, Bitcoin’s price lagged behind M2 increases by up to 107 days, so keep a comically large stopwatch handy. Meanwhile, Bitcoin clings to around $79,989—throwing a modest 3.6% gain in the face of all this doom and gloom. Who said crypto isn’t drama? 😂

So, with tariffs raging and correlation figures dancing around like a confused waltz, Bitcoin might just be building its own persona—one that occasionally aligns with the calm or the chaotic, and then shrugs off the party. In fact, if economic storms roar any louder, our dear BTC could become the comedic relief in this global saga—accumulated by the long-term faithful, who presumably subsist on coffee and unwavering conviction.

With the President’s tariffs taking center stage, all eyes remain on rising inflation, recessionary dread, and the possibility of central banks swooping in to rescue markets once again. But fear not: if that happens, Bitcoin may do a fancy jig on stage, brandishing another uptick.

Also, Titan of Crypto’s crystal ball might just be right, and if so, you can expect these digital coins to climb, offering a glimmer of excitement for those bold enough to watch. Keep your popcorn ready! 🍿

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2025-04-09 14:13