• About Us
  • Careers
  • Contact
No Result
View All Result
Tuesday, July 8, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home News Crypto

Bitcoin Poised for Breakout as U.S.-China Tariff Clash Escalates

8 April 2025
in Crypto, News
Reading Time: 3 mins read
109 4
source: coinpedia.com

source: coinpedia.com

Bitcoin could be on the brink of a breakout as escalating tensions between the U.S. and China revive investor appetite for alternative assets.

According to a recent analysis by Singapore-based blockchain firm Matrixport, Bitcoin could mirror its 2015 trajectory when the devaluation of China’s yuan initially led to a BTC sell-off before a strong year-end rebound. Analysts highlighted that the USD/CNY exchange rate is approaching critical resistance levels, potentially signalling more yuan weakness and, in turn, a bullish setup for Bitcoin.

“In 2015, following RMB devaluation, Bitcoin initially experienced a sell-off but concluded the year with significant strength. We may see a similar scenario unfold now, as parallels emerge with our bullish gold research from 18 months ago,”

Matrixport noted in a report shared on X.

The latest standoff stems from former President Donald Trump’s renewed threat to impose a 50% tariff on Chinese goods. This ultimatum has drawn fierce backlash from Beijing, warning of full-blown retaliation.

China’s Ministry of Commerce condemned the proposed tariffs as “blackmail,” vowing to “fight to the end” and hitting back with 34% duties on American imports. The intensifying war of words has reignited fears of a global economic slowdown and currency volatility—conditions that have historically favoured Bitcoin’s performance.

“The U.S. side’s threat to escalate tariffs against China is a mistake on top of a mistake, once again exposing the American side’s blackmailing nature.”

A spokesman for China’s commerce ministry said.

Even amid near-term concerns around rising U.S. Treasury yields, Matrixport remains optimistic about Bitcoin’s long-term potential despite fears of rising U.S. Treasury yields, suggesting current prices may be “artificially suppressed” and could quickly increase due to geopolitical tensions and inflation fears. Additionally, recent Bitcoin volatility was influenced by China announcing new tariffs on U.S. goods, escalating the ongoing trade dispute and raising concerns about broader economic implications.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: ChinaTrumpU.S.
Share66Tweet41Share11
Favour Okosodo

Favour Okosodo

Experienced web content writer with a strong command of SEO, specializing in creating concise, engaging content that drives traffic and enhances conversions across diverse industries.

Related Posts

source: fxleaders.com
Ethereum

Ethereum Eyes New Transaction Limit to Boost Network Stability and Security

7 July 2025
source: thearabianpost.com
Bitcoin

Metaplanet Boosts Bitcoin Holdings to 15,555 BTC, Now Worth $1.7 Billion

7 July 2025
source: pymnts.com
Crypto

Ukraine Targets Russia’s Crypto Channels in New Sanctions to Undermine War Financing

7 July 2025
source: bristolcreativeindustries.com
Bitcoin

Smarter Web Company Expands Bitcoin Treasury to 1,000 BTC

7 July 2025

Featured Posts

Is Code Law? The Legal and Moral Implications of Smart Contracts

Is Code Law? The Legal and Moral Implications of Smart Contracts

byFaari Labinjo
24 June 2025
0

Multi-Party Computation (MPC) vs. Zero-Knowledge Proofs (ZKPs): Which is the Future of Blockchain Privacy?

Multi-Party Computation (MPC) vs. Zero-Knowledge Proofs (ZKPs): Which is the Future of Blockchain Privacy?

byFaari Labinjo
7 June 2025
0

Address Poisoning Attacks in Crypto: What They Are and How to Stay Safe

Address Poisoning Attacks in Crypto: What They Are and How to Stay Safe

byOlayinka Sodiq
3 June 2025
0

What Is a Bull Trap?

What Is a Bull Trap?

byOlajumoke Oyaleke
3 June 2025
0

Breaking Bitcoin’s 21M Limit: Is It Even Possible?

Breaking Bitcoin’s 21M Limit: Is It Even Possible?

byOlayinka Sodiq
3 June 2025
0

Read More

Chain of Thoughts

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

DAOs and the Coordination of Human Endeavour

DAOs and The Coordination of Human Endeavour

byOlu Omoyele
27 April 2025
0

...

Should DeFi Be Regulated?

Should DeFi Be Regulated?

byOlu Omoyele
27 March 2025
0

...

Markets Update

BRICS Digital Currencies & Their Threat to USD-Denominated Stablecoins

3 days ago

The U.S. Crypto Regulatory Pivot: How the FIT21 Bill & ETF Greenlights Are Reshaping Global Policy

3 days ago

VC Funding in Web3: Where the Money Is Going Post-2024 Bear Cycle

3 days ago

Could Solana Surpass Ethereum?: Scaramucci Makes Bold Prediction

4 days ago

Your Weekend Crypto Roundup | July 2025 (Week 1)

4 days ago

How Pi Network’s Ecosystem Growth and Pi2Day Updates Could Spark a Price Surge in 2025

1 week ago
Read More

Events

  • No events
  • Spotlight

    All about Ethereum
    All about Algorand
    All about Bitcoin
    All about Gora

    Press Releases

    GUNZ Announces $GUN Token Expansion to Solana

    bychainwire
    7 July 2025
    0

    NEXST Launches Web3 VR Entertainment Platform with K-Pop Group UNIS as First Global Partner

    bychainwire
    7 July 2025
    0

    The Open Platform is first unicorn in Web3 ecosystem in Telegram at $1bn valuation

    bychainwire
    3 July 2025
    0

    Cooking.City Bringing Back Value Redistribution to Solana Fair Launches

    bychainwire
    3 July 2025
    0

    Oasis Protocol Foundation Launches ROFL Mainnet: Verifiable OffChain Compute Framework Powering AI Applications

    bychainwire
    2 July 2025
    0

    Read More

    ADVERTISING

    ABOUT

    TEAM

    CAREERS

    CONTACT

    TERMS & CONDITIONS

    PRIVACY POLICY

    © Copyright 2025 DeFi Planet

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

    Add New Playlist

    No Result
    View All Result
    • News
      • People
      • Business
      • Crime
      • Regulation
      • Crypto
      • CBDC
    • Markets
      • Bitcoin
      • Ethereum
      • Stablecoins
      • Altcoins
      • Crypto ETFs
      • Memecoins
    • Policy
    • Articles
      • Press Releases
      • Opinion
      • Explainers
      • Guest Post
      • Sponsored
    • Directory
      • Companies
      • People
      • Products
      • Wallets
    • Multimedia
      • Videos
      • Podcasts
    • Learn
      • DeFi Basics
      • Tutorials
      • Reviews
      • Blockchain Fundamentals
    • Research
      • Case Studies
    • Explore
      • DeFi
      • Crypto Gaming
      • NFT
      • DAO
      • Metaverses
    • Jobs
    • Markets Pro
      • DeFi Planet Pro
      • Spend Crypto
      • Swap Crypto
      • Coin Prices
      • Crypto Exchanges
      • Crypto Analyzer

    © Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

    -
    00:00
    00:00

    Queue

    Update Required Flash plugin
    -
    00:00
    00:00