Trump’s Tariffs Crash Markets & Wall Street Goes Crypto | Bitcoin.com Weekly Update

Trump’s new tariffs just triggered a market meltdown, wiping out billions from stocks and crypto, while gold surged to new highs. But there’s a silver lining—Wall Street could pour trillions into crypto as new policies reshape the industry.

Here’s what’s happening this week:

- Trump’s Tariffs Wreak Havoc – Bitcoin crashed to $91.5K, with $10B in liquidations—worse than the FTX collapse. Meanwhile, gold soared to a record $2,800/oz.
- Trillions Coming to Crypto? – Bitwise CIO Matt Hougan predicts a Bitcoin supercycle as U.S. regulations shift. Could BTC hit $200K this year?
- Trump’s Sovereign Wealth Fund & Bitcoin – The U.S. could officially add Bitcoin to its reserves—a game-changer for global markets.
- Microstrategy Pauses Buying Bitcoin – Michael Saylor halts BTC purchases amid tariff-driven volatility. What’s next for MicroStrategy’s $30B BTC war chest?
- Bitcoin Hashrate Hits Record High – BTC’s hashrate reached an insane 840 EH/s, pushing mining difficulty to new levels.
- Global Crypto Regulation Shifts – India, Thailand, and the UK make big regulatory moves—is crypto adoption about to accelerate?
- Travala & Trivago Partner – Now you can book millions of hotels with Bitcoin and crypto!
- Plus: Stablecoins balloon by $14B, the SEC pivots to a more crypto-friendly stance, and Elon Musk slashes U.S. spending to fight inflation.

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