In the wake of hints from the Federal Reserve about possible monetary easing, Bitcoin (CRYPTO: BTC) and other cryptocurrencies are projected to experience a price surge in April. This comes despite recent drops in cryptocurrency prices, spurred by inflation concerns and tariff threats from President Donald Trump.
What Happened: Recent report revealed a drop in Bitcoin’s price to approximately $80,000 per Bitcoin, after nearly reaching $90,000 earlier in the week. This decrease is linked to inflation worries, President Trump’s tariff threats, and fears surrounding a new, unidentified hack.
Despite these challenges, Arthur Hayes, a prominent crypto trader and BitMex co-founder, anticipates a Bitcoin price boom in April.
“There was a seminal change in …Full story available on Benzinga.com