Here’s How Trump Responded to the Tariff Policy That Caused the US Stock Market to Plummet
In response to questions from reporters at the White House about the market reaction, Trump stated that the decline in the US stock market was expected. Describing the economy as “in transition”, Trump likened himself to a surgeon recovering the country. He also emphasized that negotiations with other countries on tariffs are ongoing and that he is hopeful of reaching an agreement.
SEC Chairman Nominee Paul Atkins Confirmed by Senate Banking Committee
Paul Atkins’ nomination for SEC Chairman was approved by the Senate Banking Committee and forwarded to the Senate Plenary. It was stated that no Democratic members supported the vote. Atkins has previously come to prominence for his crypto-friendly statements and for seeking clarity on digital asset regulation.
Michael Saylor: Bitcoin May Look Like a Risky Asset in the Short Term
Michael Saylor said that Bitcoin can act as a risky asset in short-term market movements due to its liquid nature. However, he noted that this is not a valid assessment in the long term. According to Saylor, in times of panic, investors sell what is liquid rather than what they own.
Arthur Hayes Global Economic Instability Could Be Good for Bitcoin and Gold
Arthur Hayes suggested that Bitcoin and gold could strengthen under pressure from global economic imbalances. He stated that the Fed may soon cut interest rates and return to quantitative easing. He stated that countries such as Japan and China are also trying to maintain the exchange rate balance with their monetary policies.
Circle Printed 250 Million Dollars of New USDC in Solana 5 Hours Ago
Circle has minted $250 million in new USDC on the Solana network, according to Onchain Lens data. In 2025, total USDC minting on Solana reached $11.75 billion. This shows the growth in stablecoin supply and the increasing use of Solana.
JPMorgan Chase Raises Global Recession Forecast to 60% This Year
Bruce Kasman, chief economist at JPMorgan Chase, raised the risk of a global recession from 40% to 60%. According to Kasman, Trump’s tariff policies constitute the largest tax increase for the American people and businesses since 1968. This could lead to reduced business confidence and supply chain issues.
MARA’s Bitcoin Production in March Increased by 17
MARA Holdings mined 829 BTC in March, a 17% monthly production increase. Its total BTC holdings reached 47,531. The company is building a new data center in Ohio and continuing its clean energy investments.
Bitcoin Spot ETFs Totaled $99.86 Million in Net Outflows Yesterday
According to SoSoValue data, there was a net outflow of $99.86 million from Bitcoin spot ETFs on April 3. The highest inflow was into BlackRock IBIT at $65.25 million, while Grayscale GBTC saw outflows of $60.2 million. IBIT’s historical net inflow reached $39.91 billion.
Ethereum Spot ETF experienced a net outflow of $3.59 million yesterday
Ethereum spot ETFs saw outflows of $3.587 million yesterday, the third consecutive day of net outflows. The highest outflow came from the Bitwise ETF ETHW. ETHW’s historical net inflow reached $314 million.
$117 Million Worth of ETH Transferred from Institutional Addresses to CEX in the Past 24 Hours
According to The Data Nerd, some institutional wallets, including Grayscale, have transferred a large amount of ETH to centralized exchanges in the last 24 hours. Grayscale alone reportedly transferred 16,247 ETH worth $28.6 million. Such movements can be considered as a signal of selling pressure.
by Darkex Research – 1 min read
