{"id":113642,"date":"2025-04-15T16:57:11","date_gmt":"2025-04-15T12:57:11","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=113642"},"modified":"2025-04-15T16:57:15","modified_gmt":"2025-04-15T12:57:15","slug":"bitcoin-gains-as-trump-hints-at-auto-tariff-pause-reports-emerge-of-u-s-crypto-reserve-plans","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-gains-as-trump-hints-at-auto-tariff-pause-reports-emerge-of-u-s-crypto-reserve-plans\/04\/15\/market-updates\/","title":{"rendered":"Bitcoin Gains as Trump Hints at Auto Tariff Pause, Reports Emerge of U.S. Crypto Reserve Plans"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><\/h3>\n\n\n\n<p><strong>Bitcoin rose over 1% on Tuesday<\/strong>, rebounding from muted movement in the prior session as <strong>investor sentiment improved<\/strong> following U.S. President <strong>Donald Trump\u2019s remarks about pausing auto import tariffs<\/strong>. Speculative momentum also grew on reports that the <strong>U.S. government may use tariff revenue to buy Bitcoin<\/strong> and bolster strategic crypto reserves.<\/p>\n\n\n\n<p>As of <strong>02:23 ET (06:23 GMT)<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Bitcoin<\/strong> rose <strong>1.1% to $85,478.10<\/strong>, recovering further from last week\u2019s lows below $75,000<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Trump Softens on Tariffs \u2014 Slight Relief, But Uncertainty Lingers<\/h3>\n\n\n\n<p>Markets found <strong>some breathing room<\/strong> after Trump <strong>signaled a possible exemption for foreign-made vehicles<\/strong>, especially for <strong>Canada and Mexico<\/strong>, suggesting a more <strong>targeted and selective enforcement<\/strong> of trade tariffs.<\/p>\n\n\n\n<p>This follows prior <strong>tariff rollbacks on key electronics<\/strong>, including <strong>smartphones and laptops<\/strong>, primarily imported from China. However, the optimism remains cautious:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The administration is still exploring <strong>new tariffs on semiconductors and pharmaceuticals<\/strong><\/li>\n\n\n\n<li><strong>145% tariffs on Chinese goods<\/strong> remain in place, with <strong>Beijing retaliating<\/strong> with its own <strong>125% levy<\/strong><\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThere\u2019s some short-term optimism, but investors remain skeptical as the broader direction of U.S. trade policy is still volatile,\u201d said analysts.<\/p>\n<\/blockquote>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">U.S. May Use Tariff Revenue to Buy Bitcoin \u2013 Reports<\/h3>\n\n\n\n<p>Fueling bullish speculation, <strong>media reports on Tuesday<\/strong> suggested that the <strong>Trump administration is considering allocating tariff revenue to purchase Bitcoin<\/strong> as part of an effort to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Boost national reserves<\/strong><\/li>\n\n\n\n<li><strong>Avoid new debt issuance or tax hikes<\/strong><\/li>\n\n\n\n<li><strong>Support the creation of a \u201cstrategic crypto reserve\u201d<\/strong> under a new executive order<\/li>\n<\/ul>\n\n\n\n<p>While unconfirmed, the reports have energized the crypto community and added a <strong>layer of speculative support<\/strong> to Bitcoin\u2019s price action.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cSuch a move would be unprecedented and signal a major shift in how governments view Bitcoin\u2014as not just a volatile asset, but a potential financial hedge,\u201d one strategist noted.<\/p>\n<\/blockquote>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Altcoins Mixed as Trade Jitters Persist<\/h3>\n\n\n\n<p><strong>Altcoins traded in a narrow band<\/strong> amid lingering economic uncertainty and cautious investor sentiment:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Ether (ETH)<\/strong>: +0.9% to <strong>$1,638.57<\/strong><\/li>\n\n\n\n<li><strong>XRP<\/strong>: +0.8% to <strong>$2.1378<\/strong><\/li>\n\n\n\n<li><strong>Solana (SOL)<\/strong>: -0.7%<\/li>\n\n\n\n<li><strong>Cardano (ADA)<\/strong>: flat<\/li>\n\n\n\n<li><strong>Polygon (MATIC)<\/strong>: flat<\/li>\n<\/ul>\n\n\n\n<p>Among <strong>meme tokens<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Dogecoin (DOGE)<\/strong> fell <strong>3.3%<\/strong><\/li>\n\n\n\n<li><strong>$TRUMP token<\/strong> dropped <strong>3.8%<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The underperformance of meme coins reflects <strong>risk-off positioning<\/strong>, as traders rotate into <strong>larger-cap, more stable tokens<\/strong> during a period of policy and market uncertainty.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Outlook: Bitcoin Buoyed by Macro Speculation, But Caution Prevails<\/h3>\n\n\n\n<p>With <strong>rumors of U.S. government Bitcoin purchases<\/strong> circulating and <strong>tariff rhetoric softening<\/strong>, Bitcoin could see <strong>more upside in the short term<\/strong>. However, gains are likely to remain <strong>measured and volatile<\/strong> amid:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Persistent U.S.-China trade tensions<\/strong><\/li>\n\n\n\n<li>Ongoing <strong>Fed and ECB policy shifts<\/strong><\/li>\n\n\n\n<li>Lack of official confirmation on the <strong>strategic crypto reserve initiative<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Traders will be watching for:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Further White House comments on crypto policy<\/strong><\/li>\n\n\n\n<li>Developments on <strong>semiconductor and pharma tariff plans<\/strong><\/li>\n\n\n\n<li><strong>Fed Chair Powell\u2019s speech on Wednesday<\/strong>, which may shape macro sentiment for risk assets including crypto<\/li>\n<\/ul>\n\n\n\n<p>For now, Bitcoin appears <strong>resilient<\/strong>, but market confidence remains <strong>fragile<\/strong> in the face of a complex and evolving policy backdrop.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin rose over 1% on Tuesday, rebounding from muted movement in the prior session as investor sentiment improved following U.S. President Donald Trump\u2019s remarks about pausing auto import tariffs. Speculative momentum also grew on reports that the U.S. government may use tariff revenue to buy Bitcoin and bolster strategic crypto reserves. As of 02:23 ET &hellip;<\/p>\n","protected":false},"author":9,"featured_media":105265,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,6827,49,39,36],"tags":[],"class_list":["post-113642","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-daily-economic-reports","category-economic-reports","category-global-stock-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=113642"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113642\/revisions"}],"predecessor-version":[{"id":113643,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113642\/revisions\/113643"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/105265"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=113642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=113642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=113642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}