Trump’s Brilliant Idea: Using Tariffs to Buy Bitcoin! Could BTC Hit $90K?

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  • Bitcoin is holding on like a champ as the world reacts to tariffs!
  • The U.S. government might use tariff cash to buy Bitcoin. Yep, you heard that right.

Well, well, well! It seems the Trumpster has found a way to make Bitcoin great again. Since his re-election, crypto has been sitting pretty on the U.S. administration’s agenda like a delicious cake waiting to be eaten. And guess what? The man himself has promised to turn the United States into the world’s crypto capital. But how to get the money for all those shiny new Bitcoins? Ah, now that’s the juicy bit!

So, what’s the plan? Hold onto your hat! In a shocking twist, the U.S. government could use the revenue from tariffs (yes, tariffs!) to buy up Bitcoin like it’s a bargain at the supermarket. Bo Hines, the Executive Director of Digital Assets, spilled the beans during an interview. He said that the government might start snapping up Bitcoin using the revenue from tariffs. And just to make sure the Bitcoin stash is fat and happy, they’re also thinking of revaluing the gold certificates lying around the U.S. treasury to fund this mission. Can you say “Bitcoin jackpot”?

By hiking up those tariffs, Trump’s crew is hoping to squeeze more revenue from other governments. If that cash goes straight into Bitcoin, well, things could get interesting. Sure, the financial markets have reacted like a rollercoaster on a sugar high to these tariff announcements, but who cares about that? Let’s focus on Bitcoin!

How is Bitcoin reacting to tariffs?

Oh, Bitcoin’s just chilling, my friends. According to Santiment (whoever they are, but they seem smart), Bitcoin has been tougher than a rhino’s hide, even as the global markets flinch every time Trump does a tariff tango. Volatility? Pfft! It’s just a little shake and bake. On-chain data shows Bitcoin’s been strutting its stuff with strength, all like “I’ve got this, fam!”

Just take a look at this – wallets holding 10 or more BTC are on the rise, like a bunch of sharks circling. We’re talking about 16.36 million BTC held by these big fish now. The big players? Oh, they’re all looking like they know something we don’t. Maybe they’re betting on Bitcoin to hold strong in these crazy times.

Now, check this out – the netflow of those whale wallets to exchanges is practically a desert. The whale ratio to exchanges dropped to a low of -0.34%. Translation: Big holders are staying quiet. They’re not selling. They’re probably just sipping margaritas, waiting for the price to go up.

And the Bitcoin sitting on exchanges? It’s like a rare Pokémon – getting rarer by the day. Traders are clinging to their crypto like it’s a golden ticket. The sell-side risk ratio has dropped lower than a limbo bar at a party. That’s a big hint that long-term holders are in it for the long haul.

The market behavior is like a slow, steady decline in the sell-side risk ratio. It’s going down faster than a rollercoaster – from 0.001 in April. So, what’s the takeaway here? Investors are more likely to hold tight than to sell out. And why? They’re pretty sure Bitcoin’s gonna take a rocket ship to the moon soon.

If tariffs fuel the Bitcoin fire, we could see retail traders all singing “Hallelujah!” and jumping on the bullish bandwagon. Bitcoin might shoot up higher than a kite. I mean, could it even reach the sweet $90K mark? Don’t count it out, my friend.

What does this mean for BTC?

Let’s face it: tariffs have been as popular as a porcupine in a balloon factory. They’ve sent financial markets into a bit of a tizzy. But Bitcoin? It’s like, “No worries, I’ve got this!” Even after a little dip from tariff chaos, Bitcoin bounced back faster than you can say “digital gold.”

If the U.S. government starts grabbing all those tariff dollars to buy Bitcoin, well, let’s just say the market might start thinking tariffs aren’t all that bad after all. Investors and traders will be all like, “Tariffs? Bring it on!” And guess what? If that happens, we might just see Bitcoin zoom back to around $88,500. That’s a lot of change!

But hey, if the government’s plan is met with skepticism, Bitcoin could continue its little dance between $83K and $85K. So, grab your popcorn, folks. It’s going to be a wild ride! 🍿🚀

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2025-04-15 15:12