Bitcoin Dumps on Trump’s Trade War! Rebound Or More Pain Ahead?
Podcast: The Wolf Of All StreetsPublished On: Thu Oct 30 2025
Description: Bitcoin dropped following renewed trade tensions after former President Trump’s tariff announcement, as markets weigh the broader impact on global risk assets. Meanwhile, the Federal Reserve’s rate cuts and calls to pause quantitative tightening have sparked debate about monetary stability and crypto market direction. On the adoption front, Visa and Western Union expanded their stablecoin initiatives, Fidelity updated its Solana ETF filing, and Mastercard acquired Zero Hash to strengthen its blockchain infrastructure. With ConsenSys reportedly eyeing an IPO and new crypto ETFs launching despite the SEC shutdown, institutional momentum continues to build even as Bitcoin faces renewed volatility.
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