Related: Bitcoin ‘more likely’ to hit $110K before $76.5K — Arthur HayesThe April 2 announcement is expected to detail reciprocal trade tariffs targeting top US trading partners, a development that may increase inflation-related concerns and limit demand for risk assets like Bitcoin.“This sell-off isn’t the end of the bull run — it’s a healthy reset,” Andrei Grachev, managing partner of DWF Labs, told Cointelegraph.“Markets overreact to tariffs and macro headlines, but long-term fundamentals haven’t changed.”Related: Crypto debanking is not over until Jan 2026: Caitlin LongMicroStrategy may owe taxes on unrealized Bitcoin gainsDespite never selling any Bitcoin, Strategy may have to pay taxes on its unrealized gains of over $7.7 billion, which previously soared to $19 billion at the end of January, Cointelegraph reported.
Michael Saylor’s Strategy bought nearly $2 billion of Bitcoin, taking advantage of a recent price dip despite growing market concerns tied to US President Donald Trump’s upcoming tariff announcement.
The company now holds over 528,000 Bitcoin acquired for $35.63 billion at an average price of $67,458 per BTC, announced Michael Saylor, the co-founder of Strategy, in a March 31 X post.
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Author / Journalist: Cointelegraph by Zoltan Vardai
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