Bitcoin Surges as Trump Considers Cutting Tariffs on Chinese Imports
In the past 24 hours, Bitcoin has experienced a significant rally, surpassing $94,000, fueled by reports that former U.S. President Donald Trump — who is running for re-election — is considering cutting tariffs on Chinese imports if he returns to office. This potential policy shift has sparked optimism in financial markets, including the crypto space, which often reacts positively to economic stimulus and global trade improvements.
In addition to political momentum, $BTC rise was amplified by a short squeeze — a market event where traders betting against the asset are forced to buy back in to cover their positions, creating upward price pressure. This particular squeeze resulted in over $635 million in short liquidations, adding fuel to Bitcoin’s upward momentum.
With these combined factors — political developments and technical market dynamics — analysts now believe that Bitcoin could potentially hit $100,000 in the near term, especially if market sentiment remains bullish and favorable economic expectations continue to grow.
Other major cryptocurrencies like$ETH , as well as several altcoins, also saw gains during this rally, making it a standout day for the entire crypto ecosystem.
Binance Futures officially launched the DEEP/USDT perpetual contract on April 22, 2025, at 08:30 UTC. This contract allows users to trade with up to 50x leverage, and it is USDT-margined, meaning both margin and profits/losses are calculated in USDT.
Key Details of the DEEPUSDT Contract: • Contract Type: Perpetual (no expiration date) • Margin Type: USDT (USDⓈ-M Futures) • Maximum Leverage: 50x • Settlement: In USDT
This new offering provides traders with the opportunity to capitalize on the volatility of the DEEP token, with greater flexibility and efficient capital usage. However, it’s important to note that high leverage involves significant risk, so proper risk management is strongly advised.
A significant withdrawal of 200.8 billion PEPE tokens from the Gate.io exchange has been recorded, which could indicate strategic movements by large investors.
Current projections estimate that the value of PEPE could increase by 11.72% to reach $0.00000879 in the short term, and up to $0.0018 by the end of 2025, which would represent an increase of 233% from its initial price.
Tesla Holds Onto $1 Billion in $BTC Despite Q1 Revenue Miss
Tesla has reaffirmed its long-term commitment to Bitcoin by maintaining its holdings of 11,509 BTC through the first quarter of 2025, with no additional purchases or sales. This “HODL” strategy has been consistent since Tesla’s initial investment in 2021, when it became one of the first major companies to add Bitcoin to its balance sheet.
As of the end of Q1 2025, the book value of Tesla’s Bitcoin holdings was approximately $951 million, down from $1.076 billion at the end of 2024 due to the temporary dip in Bitcoin prices.
However, with the recent rally in Bitcoin’s price to around $93,000, the market value of Tesla’s crypto assets has once again exceeded $1 billion.
This strategy aligns with new Financial Accounting Standards Board (FASB) guidelines, which now require companies to report the fair market value of digital assets quarterly.
Despite facing financial challenges in its core electric vehicle business—reporting $19.34 billion in Q1 revenue, below analysts’ expectations—Tesla continues to view Bitcoin as a strategic long-term asset.
With this position, Tesla remains one of the largest corporate holders of Bitcoin in the world, demonstrating its continued confidence in the cryptocurrency as a store of value.
In the last 24 hours, the cryptocurrency market has experienced a remarkable rebound. Bitcoin ($BTC ) reached an intraday high of approximately $94,000, marking its highest level in seven weeks. This rise represents an increase of more than 6% in a single day.
This upward impulse was also reflected in other important cryptocurrencies:
•Ethereum ($ETH ): rose more than 10%, trading around 1,739 dollars.
•Dogecoin (DOGE): experienced a significant increase, contributing to the general enthusiasm of the market.
The rebound has generated a wage of settlements of short positions, with more than 500 million dollars in losses for those who bet on the bottom, which suggests a possible “short squeeze” in progress.
Analysts attribute this movement to several factors:
•Optimism around the trade war: signs of progress in the negotiations have improved investor confidence.
•Upward technical rupture: technical indicators suggest a continuation of the positive trend.
Increase in purchases by large investors: a resurgence in significant purchase orders on exchanges has been observed.
As for the total capitalization of the cryptocurrency market, it has increased by 6.7%, reaching 2.66 trillion dollars.
This scenario suggests a renewed interest and confidence in the crypto market, with Bitcoin leading the way to possible new historical highs.
In March 2025, spot Bitcoin ETFs in the United States experienced combined net outflows of nearly $1.3 billion, with only Grayscale's Bitcoin Mini Trust maintaining positive flows, with over $55 million in net inflows .
According to data from Farside Investors, BlackRock's iShares Bitcoin Trust ETF (IBIT) led the outflows, with $552 million withdrawn and only $84.6 million in new subscriptions, while Fidelity's Wise Origin Bitcoin Fund (FBTC) recorded outflows of $517 million and inflows of only $136.5 million. Additionally, the Grayscale Bitcoin Trust (GBTC) saw over $200 million in withdrawals and did not register net inflows during the month.
Market Context and Perspectives
The negative performance of these products comes at a time of growing concern over a potential bear market, with some analysts forecasting up to 12 months of downward or sideways trends for Bitcoin. Ki Young Ju, founder and CEO of CryptoQuant, stated that “the Bitcoin bull cycle has ended” based on on-chain metrics indicating a drastic reduction in liquidity and sales by new large investors (“whales”) looking to secure profits before prices drop further .
This wave of outflows contrasts with the massive capital inflow seen in the first months following the launch of these ETFs in early 2024, when funds accumulated $5.25 billion in January, demonstrating how macroeconomic volatility and political events (such as tariff threats and inflation concerns) continue to affect institutional appetite for $BTC .
#MarketRebound The potential for a market rebound usually depends on the resilience of both economic fundamentals and investor sentiment. Historically, markets have shown an ability to recover after declines, driven by factors such as low interest rates, fiscal stimulus, and strong corporate earnings. However, it is important to remember that a rebound is not guaranteed and can be fragile. Concerns such as inflation, geopolitical tensions, and the unpredictability of future policy decisions, such as those from central banks, can disrupt any recovery. Therefore, although a market rebound may seem likely in the short term, investors should remain cautious and consider the broader economic context when making decisions.
#BinanceAlphaAlert As the cryptocurrency ecosystem grows, platforms like Binance are playing a crucial role in the global connectivity of financial markets. However, the lack of clear and uniform regulation poses serious risks, both for investors and for global financial stability. While Binance offers attractive opportunities for trading crypto assets, it is also essential for financial authorities to establish regulations that ensure transparency, investor protection, and prevent the misuse of cryptocurrencies in illegal activities. If not adequately addressed, the lack of regulation could lead to increased volatility and a potential loss of confidence in the market.
#USStockDrop The conflict between Trump and Jerome Powell reflects the tension between short-term economic stimulus policies and long-term stability. Trump criticizes Powell for not lowering interest rates, seeking to avoid an economic slowdown. However, the Fed prioritizes stability and avoids impulsive decisions that could destabilize the economy. The decline of the markets reflects broader factors, such as trade tensions, and not just monetary policy. The challenge is to balance economic stimulus with protection against financial risks.
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🏦 Canary Capital presents #ETF of Sui before the SEC
Canary Capital, a firm investing in digital assets, has submitted an application to the SEC to launch the first ETF linked to the price of Sui, a cryptocurrency from the Sui network. This ETF would provide investors with direct exposure to Sui, the native token of the Sui blockchain.
The application was submitted in the form of an S-1 form, but it has not yet been specified on which exchange it would be listed or the ticker. Additionally, it is highlighted that this move could accelerate institutional adoption of cryptocurrencies in traditional markets.
This step comes after a collaboration with World Liberty Financial, which will include Sui in its token reserve, potentially facilitating the approval of the ETF.
🚨 Security alert: Microsoft discovers malware that steals cryptocurrency from Google Chrome
Microsoft has identified a new remote access Trojan, named StilachiRAT, that affects Google Chrome users on Windows systems. This malware is designed to steal sensitive information, including credentials for digital wallets such as MetaMask, Coinbase Wallet, Trust Wallet, and OKX Wallet, as well as clipboard data and credentials stored in the browser.
StilachiRAT employs advanced techniques to evade detection and can remain active on the infected system for extended periods. Microsoft recommends using browsers like Microsoft Edge, which offer advanced security features, and keeping antivirus software updated to mitigate the risks associated with this malware.
Bitcoin surpasses $90,000 driven by dollar weakness and institutional interest
On April 22, 2025, #Bitcoin has surpassed $90,000, reaching $91,220, its highest level since March 7. This surge is attributed to the #WeaknessOfTheDollar and the growing #InstitutionalInterest in digital assets, reinforcing the perception of #BTC as a #SafeHaven against economic volatility.
Since April 7, #Bitcoin has increased by almost 20%, behaving more like a safe-haven asset similar to gold, amid market volatility triggered by President Trump's tariff policies. This shift indicates a growing perception of #BTC as a store of value in times of #EconomicUncertainty.
Industry experts, like Robert Kiyosaki, project that #Bitcoin could reach prices between $100,000 and $200,000 before the end of 2025, driven by factors such as #InstitutionalAdoption and expansive monetary policies.
Panama City Now Accepts Crypto for Taxes and Municipal Services
Panama City has officially approved the use of cryptocurrencies—including Bitcoin ($BTC ), Ethereum ($ETH ), $USDC , and USDT—for paying municipal taxes, permits, tickets, and fees. This initiative, led by Mayor Mayer Mizrachi, allows residents to make voluntary crypto payments, which are converted to U.S. dollars by Towerbank before being transferred to the city. The move positions Panama City as a regional leader in crypto adoption without altering existing tax structures or incurring additional costs for the government.