So, you thought the
cryptocurrency market was safe from the whims of global politics? Think again! š¤£
President Trump š¦
dropped a
tariff bombshell that sent Bitcoin and its digital cousins plummeting faster than you can say “digital asset depreciation”.
In a dramatic speech from the White House Rose Garden š¹that could have doubled as a soap opera cliffhanger, Trump announced tariffs so steep they made Wall Street’s knees go weak.
Bitcoin, the king of crypto, took a nosedive š¼straight into the red, leaving investors wondering if they should have invested in goldfish instead. Ethereum and XRP weren’t spared either, with drops that made the stock market look like a kiddie pool.
But fear not, dear investors, for Michael Saylor, the CEO of MicroStrategy, is here to save the day (or at least try). With a tweet as bold as his hair, he proclaimed: “There are no tariffs on Bitcoin.” š¢
There are no tariffs on Bitcoin.
ā Michael Saylor (@saylor) April 3, 2025
Investors were quick to reply with questions like, “Then why is my portfolio looking like a deflated balloon?”
Despite the chaos, MicroStrategy remains as committed to Bitcoin as ever. They recently spent $2 billion on 22,048 BTC, making their total holdings enough to buy a small country (or a large pizza).
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2025-04-03 19:22