Market Reactions to New U.S. Tariffs #TrumpTariffs

President Donald Trump’s announcement of new reciprocal tariffs has led to notable declines in both cryptocurrency and traditional markets. Bitcoin’s $BTC price dropped from nearly $88,000 to just over $83,000 following the news. This market turbulence also affected crypto-related stocks, with companies like Strategy (formerly MicroStrategy) and Coinbase Global experiencing significant losses.

North Korea’s Cryptocurrency Activities

Over the past decade, North Korean hackers have reportedly stolen over $6 billion in cryptocurrency. These cybercriminals, organized into a state-sponsored unit of over 8,000 elite hackers, have targeted crypto exchanges and companies worldwide. The stolen funds are believed to finance the regime’s nuclear program and mitigate the effects of global sanctions.

Circle Internet, the operator of the USDC stablecoin, has filed for an initial public offering (IPO) on the New York Stock Exchange. The company reported significant revenue growth, reaching $1.66 billion in the previous year, despite a drop in net income due to rising operating costs. Circle’s move to go public highlights its efforts to maintain transparency and accountability in the rapidly evolving crypto market. #CircleIPO

President Trump has pardoned the three co-founders of cryptocurrency exchange BitMEX: Benjamin Delo, Arthur Hayes, and Samuel Reed. They had pleaded guilty in 2022 for failing to implement a compliant anti-money laundering program. This decision aligns with the broader optimism within the crypto industry regarding Trump’s support for looser financial regulations. 

The SEED token was launched on April 1, 2025, and is currently trading on exchanges such as BingX. As of April 3, 2025, the token is priced at approximately $0.0075, with a 24-hour trading volume around $2.79 million. This represents a decline of about 25.65% over the past 24 hours.  

At launch, SEED opened at $0.01692 but experienced a significant drop shortly after listing.