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Trump’s Trade Policies Trigger Crypto Crash | Bitcoin.com Weekly Update
This week’s crypto market drama: a brutal altcoin sell-off, a record-breaking Bybit hack, and regulators suddenly easing up on crypto. Here’s what’s happening:
- Crypto Crash! Trump’s trade policies shook markets, sending Bitcoin below $90K and crushing altcoins. Ethereum, Solana, and meme coins took a heavy hit.
- Bybit’s Billion-Dollar Heist – The biggest crypto hack ever! A shadowy attacker stole $1.4B in ETH, spreading funds across 54 wallets to dodge detection. Is recovery possible?
- FTX Creditors Bet on Solana – 62% of FTX creditors say they’ll reinvest in Solana post-reimbursement. Are they right to be bullish?
- SEC Backs Off Uniswap – In a surprise reversal, the SEC has dropped its investigation into Uniswap Labs. Could this signal a friendlier regulatory environment ahead?
- OKX’s $500M Penalty – Another crypto exchange gets hit hard as OKX pleads guilty to violating anti-money laundering laws.
- Bitcoin Adoption Surges Globally – A record 33% of Australians own crypto, and 15% of Brazilians are considering switching from banks to crypto.
Meanwhile, Dubai officially recognizes USDC and EURC as stablecoins.
Plus, Rezolve Ai is making a massive Bitcoin bet with a $1B treasury to power AI-driven crypto payments.
Like, subscribe, and tell us in the comments—are we at a crypto breaking point, or is this just the beginning of a new bull run?
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