Trump’s Tariffs Threaten the Global Economy
US President Donald Trump announced the customs duties that the markets were eagerly awaiting. Trump announced that a general customs duty of 10 percent will be applied to all countries. In addition, additional tariffs were imposed on many countries.
Accordingly, tariffs applied to major countries:
China: 34
European Union: 20%
Japan: 24
India: 26
South Korea: 25%
United Kingdom: 10%
Bloomberg: Trade Tensions Drag Bitcoin and Risky Assets Down
According to Bloomberg, Trump’s trade policies have led to a drop in the prices of Bitcoin and other major crypto assets. On Thursday morning, Bitcoin fell 4% to around $82,000. Other cryptocurrencies such as Ethereum, XRP and Solana also lost value in the process.
US Treasury Secretary: Stock Market Selloff Has Nothing to Do with Trump
US Treasury Secretary Bessant implied that the stock market declines due to DeepSeek had nothing to do with the Trump administration’s protectionist policies. Bessant stated that the decline of the Nasdaq index was due to a sharp correction, especially in technology stocks. “This is not a MAGA problem, it’s a MAG7 problem,” he said, emphasizing that sales depend on big tech companies.
Stablecoin Bill Passes Committee in the US
The US House of Representatives Financial Services Committee has approved the Republican-backed STABLE Act to regulate stablecoins. The law will now be submitted to a general vote in the House of Representatives. This step is considered an important development in terms of clarifying the legal framework in the stablecoin market.
US Bitcoin Spot ETFs Re-entered After 3 Days of Exit
US Bitcoin spot ETFs recorded net inflows totaling $221 million on April 2, ending a three-day streak of outflows. The highest single-day inflow was into the ARKB ETF with $130 million. Fidelity’s FBTC fund ranked second with a daily net inflow of $119 million.
Ethereum Spot ETFs saw a net outflow of $51 million on April 2
Ethereum spot ETFs saw net outflows totaling $51.24 million. Grayscale ETHE posted the largest daily outflow of $31.07 million. Eight other ETFs also failed to record net inflows, putting short-term selling pressure on the sector.
Founder of Mask Network: Solution to MASK Price Decline to be Announced Soon
Suji Yan, founder of Mask Network, announced that the team is following the recent sudden price drop of the MASK token, and that the solution will be announced in 1-2 days. The token’s price has fallen 9.2% in the last 24 hours and 43.8% in the last week to $1.25. While this decline has caused serious concern in the community, the solution plan is eagerly awaited.
Ethereum Leaves Solana Behind After Six Months in DEX Volume
According to Solid Intel data, Ethereum overtook Solana in terms of decentralized exchange (DEX) spot trading volume as of March 2025, regaining the lead for the first time since September 2024.
by Darkex Research – 1 min read
