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Bitcoin Eyes $100K After Market Crash, Trump Approves US Sovereign Wealth Fund: Weekly Crypto Recap

2025-07-04 01:21:12

Bitcoin Eyes $100K After Market Crash, Trump Approves US Sovereign Wealth Fund: Weekly Crypto Recap

Description

Somewhat unexpectedly, all the drama started during the previous weekend, which is typically a calmer period for the financial markets. Well, except crypto, because it’s open 24/7. President Trump’s implementation of new taxes on Canada, China, and Mexico brought mass panic across the charts. On Saturday evening and Sunday, BTC tumbled from $102,000 to under $100,000 and down to $97,000. It managed to catch its breath on Sunday afternoon, but the bears were back in control of the market on Monda...

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