Bitcoin’s Wild Ride, Ripple’s Big Move, Tariff Plunge, And More: This Week In Crypto
The past week in the world of cryptocurrency was nothing short of eventful. The market saw significant fluctuations, largely influenced by President Donald Trump’s tariff announcements. Bitcoin (CRYPTO: BTC) soared to new heights, only to tumble shortly after. Meanwhile, Ripple (CRYPTO: XRP) made headlines with a bold acquisition and a promising forecast.
Here’s a recap of the top stories.
Bitcoin Soars Amid Tariff Announcements
Bitcoin reached a staggering $82,000 this week, following a short squeeze that liquidated $75 million in bearish bets within an hour. This surge came after President Trump announced a 125% tariff on China while pausing reciprocal tariffs on 75 other countries for 90 days.
Crypto Market Cap Drops Following Tariff Announcement
Following President …
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