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Bitcoin Nears Death Cross, Yuan Tumbles with Asian Markets After Trump Tariffs Put Focus on China's Response

CoinDesk LogoCoinDesk1d ago

Bitcoin Nears Death Cross, Yuan Tumbles with Asian Markets After Trump Tariffs Put Focus on China's Response - CoinDesk

Quick Summary:

Asian equities and U.S.stock futures have declined, while bitcoin is nearing a bearish technical pattern amid escalating trade tensions.

Observers say the ball is now in China's court, and the nature of its retaliation could determine the market reaction.

It's no coincidence that Asian equities traded in the red at press time, with Japan's Nikkei hitting an eight-month low.The U.S.stock futures fell over 2%, pointing to risk-off mode.

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Bitcoin Nears Death Cross, Yuan Tumbles with Asian Markets After Trump Tariffs Put Focus on China's Response - CoinDesk (Picture 1)

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Article Details

Author / Journalist: Omkar Godbole

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-03 @ 04:46:44 (1 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 443 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © CoinDesk

News ID: 27553341

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About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 24 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 12 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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The story "Bitcoin Nears Death Cross, Yuan Tumbles with Asian Markets After Trump Tariffs Put Focus on China's Response" was covered 1 days ago by CoinDesk, a news publisher based in United States.

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It's most recent story was published 12 hours ago.

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  • News ID: #27553341
  • URL: https://chronographically.beamstart.com/news/bitcoin-nears-death-cross-yuan-17436562761690

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