Bitcoin Plunges on Trump Tariff Announcement
Crypto and equities fell together after the administration unveiled sweeping tariffs, sending BTC down nearly 15% in a single 48-hour stretch.
James Thornton//Apr 9, 2025//5m
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Crypto and equities fell together after the administration unveiled sweeping tariffs, sending BTC down nearly 15% in a single 48-hour stretch.
President Trump signed the GENIUS Act into law, creating the first U.S. federal regulatory regime for payment stablecoins after a 308-122 House passage.
The early-2025 executive order created an inter-agency working group on digital asset policy and explicitly disavowed any U.S. CBDC.
Treasury formally established a working group to study a U.S. Strategic Bitcoin Reserve, with seized-asset BTC as the proposed initial source.