Bitcoin Undeterred: Trump’s 15% Global Tariff Hike Fails To Rattle Crypto

  vor 8 Monaten

Bitcoin held its ground over the weekend as US President Donald Trump said late Saturday that he was increasing a recently announced global tariff from 10% to 15% and that the new rate would take effect immediately. The move came after the US Supreme Court ruled to limit the legal authority previously used to impose broad import levies. Bitcoin Unmoved Cryptocurrencies barely budged on the news. Bitcoin hovered around the $68,000 mark while Ether showed little change, and smaller tokens lost under 1% in aggregate according to market trackers. Reports note that traders only saw a brief wobble before prices steadied, suggesting the shock was short lived. Legal Limits And What They Mean Based on reports, the shift to alternative trade laws limits how far a president can go with such tariffs. The statutes cited allow a temporary tariff capped at 15% and typically apply to countries where the US runs a trade deficit for a defined period of up to 150 days. Legal experts say those constraints could keep the measure from becoming a permanent tax rise on imports. Trump said on his Truth Social platform: “As President of the United States of America, I will be, effective immediately, raising the 10% worldwide tariff on countries, many of which have been ‘ripping’ the US off for decades, without retribution, until I came along, to the fully allowed, and legally tested, 15% level.” How Traders Might Be Thinking Some investors appear to have treated the announcement as a headline event rather than the start of a lasting economic shock. Volume patterns showed no sustained sell pressure, and risk appetite in crypto markets returned quickly. Reports say the earlier court ruling, which narrowed the executive branch’s emergency powers for tariffs, may have removed some uncertainty — at least for now. Market sentinels will watch closely in the days ahead. If the White House tries to stretch the temporary authority or expand the list of targeted countries, that could change the tone in both crypto and equity markets. Bigger Picture For The Economy Raising an across-the-board tariff , even temporarily, raises questions about costs for businesses and consumers. Import duties are often passed down the chain in the form of higher prices or tightened margins, and global trading partners are likely to push back diplomatically and legally. Some foreign leaders and industry groups quickly criticized the move, warning it could slow growth and raise consumer bills. Far from a market-draining shock, this episode so far reads like a high-profile policy stunt with limited immediate market effect. That could change if the measure is stretched beyond the legal limits that lawmakers and courts have pointed to. For now, crypto traders seem to have chosen to watch and wait while prices remain near recent highs. Featured image from Unsplash, chart from TradingView

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When Will Ripple’s (XRP) Bull Run Resume? We Asked 4 AIs (And Their Answers Surprised Us)

  vor 8 Monaten

Ripple’s cross-border token has been highly volatile since the US presidential elections in late 2024. At the time, it traded at $0.60, exploded to its 2018 all-time high of $3.40 in January 2025, plunged in the following months, before it skyrocketed to a new record of $3.65 in July. Since then, it has been mostly downhill, with the asset currently sitting below $1.40 – or a 62% decline since the July peaks. Most recently, it was rejected at $2.40 in early January, dumped to $1.11 a month later, but has found some support at the aforementioned level. Being more than 60% down in just several months puts it in a bearish territory. Consequently, we decided to ask ChatGPT, Gemini, Grok, and Perplexity how long it would take for XRP to reignite its bull run and head for new records. Find a Bottom First Before even having a theoretical chance of reversing its trend, XRP would need to bottom out first. OpenAI’s platform noted that the token is currently searching for it, which could happen by April, but before it does, it could face even harsher declines if history is any indication: “Historically, February has been weak for XRP, and 2026 is no exception. The asset has posted losses in most Februarys, averaging declines and severe drawdowns in prior cycles.” Nevertheless, ChatGPT and Perplexity agreed that several factors have aligned to suggest that XRP’s bottom might be rather close – a 50% month decline from January 6 to February 6 was met with immediate buying pressure, funding rates reached deeply negative levels, a development that preceded rallies in the past, and panic selling appears to have subsided. Recovery and Run Reignition Gemini and Grok were somewhat optimistic that XRP could indeed locate a bottom by spring 2026, which would open the door for the next phase – “base building and recovery.” In this neutral-to-cautiously bullish stage, XRP could regain some traction by the beginning of the summer season. Gemini was even more specific, indicating that the asset would need to reclaim the 50-day EMA, currently located at around $1.80, to signal the traditional exit from bearish territory. ChatGPT agreed to an extent, but warned that most of the highly anticipated bullish catalysts from the past few years, such as the SEC lawsuit resolution and the approval of spot XRP ETFs, are already behind the token, so it might be in search of new ones. As such, it was rather conservative in predicting a target for the summer, putting a base case around the $2.40 range. “If XRP reclaims $2, the market will likely consider the bear phase technically over,” said Grok. All AIs noted that a full-on bull phase wouldn’t start by at least Q3 of this year, most likely in Q4. Once it begins, though, they added that XRP is positioned to benefit a lot, indicating some massive targets for the longer-run. “$8 by year-end 2026 in aggressive institutional adoption scenarios,” said ChatGPT “$8-13 long-term consolidation breakout targets,” – noted Perplexity. The post When Will Ripple’s (XRP) Bull Run Resume? We Asked 4 AIs (And Their Answers Surprised Us) appeared first on CryptoPotato .

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Shiba Inu Inverse Head-and-Shoulders Pattern Signals Possible Breakout

  vor 8 Monaten

Shiba Inu price action shows signs of a potential bullish reversal after weeks of sustained weakness across the crypto market. Analysts report that an inverse head-and-shoulders pattern is forming on the 4-hour chart, raising expectations of a breakout. SHIB has dropped over 20% in the past 30 days, reflecting broader volatility and price uncertainty. However, recent technical structure suggests selling pressure may be fading if bulls reclaim key resistance levels. Neckline Breakout Holds the Key for Shiba Inu Technical analyst Crypto Sat stated on X that SHIB has formed a clean inverse head-and-shoulders pattern in its late-stage formation. He noted that the left shoulder formed near $0.00000616, while the head appeared around the multi-year low of roughly $0.00000510 on February 6. The right shoulder developed close to $0.00000614, completing the structure. According to him, the inverted formation signals that bearish momentum may be nearing exhaustion. He explained that the neckline sits between $0.0000070 and $0.0000072. A strong close above $0.0000072 with increased volume would confirm the breakout. That level stands about 15% above the current price. If SHIB clears it, he expects a quick push toward $0.0000078. He then projected a measured move to $0.0000085, followed by a potential advance to $0.0000090. Crypto Sat cautioned that failure to break resistance could extend downside risks. He identified $0.0000060 as immediate support if selling resumes. A decline below $0.0000058 would invalidate the bullish setup. In that scenario, SHIB could revisit $0.0000051, the level that formed the head. Broader Market Structure Points to Possible Trend Shift SwallowAcademy also highlighted shift in Shiba Inu market structure during the same timeframe. He reported that SHIB broke its previous lower high during a rally to $0.00000725 on February 14. That move signaled a break in the bearish market structure. He added that SHIB is now retesting the breakout level. If buyers defend that zone, price could climb toward $0.0000085, aligning with Crypto Sat’s target. Despite these bullish signals, analysts acknowledge that bears still control broader market momentum. Renewed selling pressure could therefore push Shiba Inu to lower levels if support fails. As of the writing, Shiba Inu was trading at $0.00000618, down by 5.25% in the past 24 hours.

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