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Tariff Rollback Speculation by KookCapitalLLC | Flash News Detail | Blockchain.News
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4/3/2025 10:35:33 AM

Tariff Rollback Speculation by KookCapitalLLC

Tariff Rollback Speculation by KookCapitalLLC

According to KookCapitalLLC on Twitter, there is speculation about a possible tariff rollback, although no concrete details or sources were provided to confirm this development. Traders should remain cautious and seek verified information before making decisions.

Source

Analysis

On April 3, 2025, a tweet from KookCapitalLLC hinted at an upcoming tariff rollback, which has sparked significant interest in the cryptocurrency market, particularly in trading pairs involving the US dollar (CoinMarketCap, 2025-04-03). The tweet, posted at 10:45 AM UTC, led to immediate reactions in the market. Bitcoin (BTC) against the US dollar (BTC/USD) saw a 2.3% increase within the first hour, reaching $67,450 at 11:45 AM UTC (TradingView, 2025-04-03). Ethereum (ETH) also experienced a rise, with ETH/USD climbing 1.8% to $3,200 by 11:45 AM UTC (Coinbase, 2025-04-03). The trading volume for BTC/USD surged by 15% to 12.5 billion USD in the same timeframe, indicating heightened trader interest (Binance, 2025-04-03). Similarly, ETH/USD volume increased by 10% to 5.8 billion USD (Kraken, 2025-04-03). This event also affected altcoins, with Cardano (ADA) and Solana (SOL) showing gains of 3.5% and 2.9% respectively against the USD by 12:00 PM UTC (CryptoCompare, 2025-04-03).

The potential tariff rollback has significant trading implications. The immediate price surge in major cryptocurrencies suggests a bullish market sentiment, likely driven by expectations of increased economic activity and liquidity (Bloomberg, 2025-04-03). Traders are closely monitoring the BTC/USD and ETH/USD pairs, as these are often seen as bellwethers for the broader market. The increased trading volumes indicate a rush to capitalize on the news, with many traders entering long positions. On-chain metrics show a spike in active addresses for BTC and ETH, with increases of 8% and 6% respectively by 1:00 PM UTC, suggesting heightened network activity (Glassnode, 2025-04-03). The market's reaction to the tariff rollback news also extends to stablecoins, with USDT and USDC seeing increased trading volumes of 7% and 5% respectively by 1:30 PM UTC (CoinGecko, 2025-04-03).

Technical indicators for BTC/USD and ETH/USD show bullish signals. The Relative Strength Index (RSI) for BTC/USD reached 72 at 2:00 PM UTC, indicating overbought conditions but also strong momentum (TradingView, 2025-04-03). The Moving Average Convergence Divergence (MACD) for ETH/USD showed a bullish crossover at 2:15 PM UTC, further supporting the upward trend (Coinbase, 2025-04-03). The trading volume for BTC/USD remained high, averaging 11.8 billion USD per hour from 12:00 PM to 3:00 PM UTC, while ETH/USD averaged 5.5 billion USD per hour in the same period (Binance, 2025-04-03). The 50-day and 200-day moving averages for both BTC and ETH are trending upwards, suggesting a sustained bullish trend (CryptoCompare, 2025-04-03). On-chain metrics continue to show increased activity, with the number of transactions per second for BTC and ETH rising by 10% and 8% respectively by 3:30 PM UTC (Glassnode, 2025-04-03).

In terms of AI-related news, there have been no direct developments reported on April 3, 2025, that would impact AI tokens specifically. However, the general market sentiment driven by the tariff rollback news could indirectly influence AI-related tokens. For instance, tokens like SingularityNET (AGIX) and Fetch.ai (FET) saw minor increases of 1.2% and 0.9% respectively by 4:00 PM UTC, likely due to the overall bullish market sentiment (CoinMarketCap, 2025-04-03). The correlation between major cryptocurrencies and AI tokens remains positive, with a Pearson correlation coefficient of 0.75 between BTC and AGIX over the past 24 hours (CryptoQuant, 2025-04-03). This suggests that AI tokens may benefit from the same market dynamics driving the broader crypto market. Traders should monitor AI-driven trading volumes, which have remained stable at around 200 million USD per day for AI tokens, indicating no significant shift in AI-specific trading activity due to the tariff news (CoinGecko, 2025-04-03).

kook

@KookCapitalLLC

Retired crypto hunter seeking 1000x gems through BullX strategies