Bitcoin Nears $85K Before Tariffs Kick-In; DOGE, XRP, ADA Lead Crypto Majors

Quick Summary:

A rocky quarter has ended in an 11% loss for bitcoin and the biggest for the S&P 500 since Q2 2022.

Here’s what traders say ahead of the April 2 tariffs kicking in.

Meanwhile, Jupiter Zheng, a partner at HashKey Capital’s Liquid Fund and Research, said they consider tariff suspense and economic data dump as a short-term headwind.“The dip’s all about risk-off sentiment,” Zheng said in a Telegram message to CoinDesk.“We're still optimistic in the long term, as more institutions integrate crypto while regulators across the world initiate new policies to enhance adoption.

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Article Details

Author / Journalist: Shaurya Malwa

Category: Crypto

Markets: United StatesCuba

Topics: Bitcoin DOGE Markets ADA

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 10:28:52 (1 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 409 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 27511507

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Main Topics: Crypto

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