Introduction

Bitcoin has seen a significant surge at the start of the week, as investors reacted positively to reports suggesting that U.S. President Donald Trump might be adopting a more conservative approach to upcoming trade tariffs set for April 2. The world’s largest cryptocurrency jumped to $87,127.50 by early Monday, reflecting increasing investor confidence in risk assets.

Why is Bitcoin Rising?

1. Trump’s “Dirty 15” Tariff Plan

• Rather than implementing broad tariffs across entire industries, Trump’s administration will focus on specific nations with large trade imbalances with the U.S.
• The “dirty 15” list includes China, Japan, India, and Vietnam amongst others.
• The shift towards a more focused trade strategy has fostered a more optimistic sentiment among investors.

2. Increased Confidence in Cryptocurrencies

• The expectation of less aggressive tariffs has eased worries about escalating global trade tensions, encouraging investment into riskier assets like Bitcoin.
• Treasury Secretary Scott Bessent’s comments advocating for negotiation flexibility have further fueled positive sentiment.

Metaplanet’s Bold Move: Eric Trump Joins Bitcoin Advisory Board

In a significant development for Bitcoin’s mainstream acceptance, Japanese investment firm Metaplanet Inc. (TYO:3350) has appointed Eric Trump—son of U.S. President Donald Trump—to its Strategic Advisory Board.

• Metaplanet’s Expansion Strategy:
  • The firm currently holds 3,200 BTC and has ambitions to increase this amount to 10,000 BTC by 2025.
  • Eric Trump’s experience in finance and branding is expected to aid in enhancing Metaplanet’s global presence.

Investor Takeaways

1. Bitcoin as a Hedge Against Trade Uncertainty

• As markets adjust to Trump’s evolving trade policies, Bitcoin remains a preferred hedge against macroeconomic uncertainties.

2. Rise in Institutional Bitcoin Adoption

• Metaplanet’s aggressive strategy reflects a growing confidence in cryptocurrencies among corporate entities.

3. Possible Market Volatility Ahead?

• While Bitcoin’s current rally indicates optimism, changes in trade policy or shifts in regulatory sentiment could introduce volatility.

Key APIs for Crypto & Market Tracking

• Crypto Currency Free API – Keep tab on Bitcoin price fluctuations and institutional adoption trends.
• Forex Daily API – Monitor currency movements amid developing trade policies.

Conclusion

Bitcoin’s rise is indicative of its mounting relevance in financial markets, particularly as a hedge against economic uncertainty. The shift in Trump’s trade policy and Metaplanet’s push for institutional Bitcoin adoption signals renewed optimism among crypto investors. However, caution is advised as potential volatility looms from geopolitical and economic changes.