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Market wrap: A pivotal moment for gold, Bitcoin, and global markets

Market wrap: A pivotal moment for gold, Bitcoin, and global markets

As financial markets navigated the Easter holiday weekend of April 21, 2025, a confluence of significant events underscored a transformative period for global investors. The synchronised surge of gold and Bitcoin to new highs, coupled with a weakening US dollar amid speculation about Federal Reserve Chairman Jerome Powell’s potential removal, painted a complex picture of risk sentiment, economic uncertainty, and evolving market dynamics.

Against the backdrop of recovering global optimism around US trade negotiations, the week’s market movements offered critical insights into the interplay of macroeconomic forces, technical signals, and geopolitical developments. I explore these events in depth, weaving together their implications for investors, traders, and policymakers, while offering a grounded perspective on the broader financial landscape.

The week ending April 18, 2025, saw global risk sentiment rebound, driven by optimism surrounding potential trade resolutions between the US and key partners like Japan, Mexico, and Canada. This optimism was reflected in Asian equity markets, with the MSCI Asia ex-Japan index posting a modest 0.16 per cent gain on Friday and a more robust 2.35 per cent weekly increase, snapping a three-week decline totalling 8.5 per cent.

Notable performers included Malaysia’s KL Composite (+1.09 per cent), Thailand’s SET (+0.85 per cent), South Korea’s KOSPI (+0.53 per cent), and Taiwan’s TAIEX (+0.29 per cent), while China’s CSI 300 remained nearly flat. These gains, achieved in thin holiday trading conditions, suggested cautious investor confidence amid ongoing trade talks. However, US equity markets, closed for Good Friday, ended the week on a weaker note.

The S&P 500 fell 1.5 per cent, the Dow Jones Industrial Average slumped 2.7per cent, and the Nasdaq Composite dropped 2.6 per cent, reflecting concerns over trade uncertainties and mixed corporate earnings expectations. Looking ahead, investors are poised to scrutinise earnings from heavyweights like Tesla and Alphabet, which could set the tone for market direction in the coming weeks.

The most striking development on April 21, 2025, was the synchronised rally in gold and Bitcoin, which underscored a growing narrative of distrust in the US dollar. Gold hit its 55th all-time high in the past 12 months, reaching US$3,382.43 per ounce at 8:00 PM EST, as reported by Bloomberg. This milestone, part of a relentless 15.3 per cent year-to-date gain, was fuelled by safe-haven demand, central bank purchases, and a weakening dollar.

Simultaneously, Bitcoin surged past US$87,000 at 8:15 PM EST, according to CoinMarketCap, driven by a combination of whale accumulation, dollar weakness, and speculation around US monetary policy shifts. The correlation between these assets, traditionally viewed as divergent, signals a profound shift in investor psychology.

Both gold and Bitcoin are increasingly seen as hedges against currency devaluation and economic instability, particularly in light of reports that President Donald Trump is seeking to remove Federal Reserve Chairman Jerome Powell. This political manoeuvre, amplified by Trump’s Truth Social posts declaring that “Powell’s termination cannot come fast enough,” has sparked fears of undermined Fed independence, a sentiment echoed by Chicago Fed President Austan Goolsbee, who warned of potential damage to the central_above bank’s credibility.

The trading implications of this event are multifaceted. The spike in gold and Bitcoin prices drove significant market activity, with XAU/USD trading volumes surging 20 per cent compared to the previous day at 8:30 PM EST, per Forex Factory data. Similarly, Bitcoin’s trading volume on exchanges like Binance rose 15 per cent by 8:45 PM EST, according to CoinGecko, reflecting robust investor interest.

For traders, this heightened volatility presents both opportunities and risks. Pairs trading strategies, which exploit price divergences between gold and Bitcoin, could gain traction as their correlation strengthens. Portfolio diversification into these assets may also appeal to investors seeking to hedge against a depreciating dollar, particularly as the US Dollar Index (DXY) fell 0.2 per cent to 99.23 on Friday.

However, the risk of overbought conditions looms. Gold’s Relative Strength Index (RSI) reached 72 at 9:00 PM EST, signalling strong momentum but nearing overbought territory, while Bitcoin’s RSI of 68 suggested continued upside potential, per TradingView. Bullish MACD crossovers for both assets further reinforced their upward trends, but traders must remain vigilant for potential pullbacks, especially if trade negotiations falter or central bank policies shift unexpectedly.

The Bitcoin market, in particular, is showing signs of structural strength. Blockchain analytics firm Santiment reported that Bitcoin whales, holding between 10 and 10,000 BTC, accumulated 53,600 BTC since March 22, 2025, increasing their control to 67.77 per cent of the circulating supply. This accumulation, occurring amid price volatility and market uncertainty, reflects deep confidence among large holders.

On-chain metrics from Glassnode further support this bullish outlook, with a 10 per cent increase in active Bitcoin addresses by 9:45 PM EST, indicating growing network activity. These developments suggest that Bitcoin’s rally is not merely speculative but underpinned by fundamental demand, potentially paving the way for further price appreciation if macroeconomic conditions remain favourable.

The weakening US dollar, a key driver of the gold and Bitcoin rallies, was exacerbated by reports of Trump’s push to oust Powell. National Economic Council Director Kevin Hassett’s comments on Friday, coupled with Trump’s social media rhetoric, triggered a sell-off in the dollar against major G-10 currencies.

Markus Thielen of 10x Research noted that Bitcoin’s surge to US$87,000 was directly tied to this dollar weakness and gold’s two per cent rally, with the perceived threat to Fed independence acting as a primary catalyst. Powell’s recent remarks, emphasising a data-dependent approach and warning of stagflation risks, have clashed with Trump’s calls for immediate rate cuts, creating a tense backdrop for monetary policy.

A potential trade deal with Japan, hinted at by market observers, could temper some of this uncertainty, but the specter of Fed interference remains a significant concern. A bond market crash, loss of confidence in the dollar as a reserve currency, and heightened stock market volatility could ensue if Powell’s removal is pursued through questionable means, as cautioned by X posts from several analysts.

In Europe, the European Central Bank’s (ECB) decision to cut interest rates by 25 basis points on Thursday, the seventh reduction since June 2024, reflected softening inflation and a deteriorating growth outlook amid trade uncertainties. The 10-year European yield fell 3.7 basis points to 2.469 per cent on Friday, signalling investor caution. This dovish stance contrasts with the US Federal Reserve’s current pause, highlighting divergent monetary policies that could further pressure the dollar.

In commodities, oil prices rose nearly five per cent last week, with Brent settling at US$68 per barrel on Thursday, driven by trade optimism and supply concerns. However, the closure of major markets in Canada, the UK, Europe, and Hong Kong for Easter Monday limited trading activity, with Asian equities opening mixed and US equity futures pointing to a lower open.

Looking ahead, the interplay of trade negotiations, central bank actions, and corporate earnings will shape market trajectories. The potential for a US-Japan trade deal could bolster equities, but unresolved tensions with China, which recently imposed 34 per cent tariffs on US goods, pose risks.

Gold and Bitcoin’s synchronised rally suggests a broader shift toward alternative stores of value, a trend that may intensify if dollar confidence erodes further. Investors should monitor macroeconomic indicators, such as US retail sales and inflation data, alongside Fed commentary for clues on policy direction.

Technically, both gold and Bitcoin remain bullish, but overbought signals warrant caution. For now, the financial markets stand at a crossroads, with the gold-Bitcoin surge and dollar dynamics signaling a pivotal moment for global economic stability. I see this as a call for prudent diversification, rigorous risk management, and a keen eye on the evolving geopolitical and monetary landscape.

 

Source: https://e27.co/market-wrap-a-pivotal-moment-for-gold-bitcoin-and-global-markets-20250421/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Market wrap: A tale of tariffs, Bitcoin whales, and corporate crypto adoption

Market wrap: A tale of tariffs, Bitcoin whales, and corporate crypto adoption

The financial world is buzzing with a mix of cautious optimism and underlying tension. I’m here to break it all down with as much detail and clarity as I can muster. From President Trump’s tariff policy flip-flops to a massive Bitcoin withdrawal from a major exchange, and the growing corporate appetite for cryptocurrency, there’s a lot to dissect. Let’s dive in.

Global risk sentiment has seen a notable uptick in recent days, largely driven by signals from the Trump administration that suggest a potential softening of trade tensions. Trump’s floating of a possible pause on auto tariffs has injected a dose of relief into markets already buoyed by his earlier suspension of levies on certain consumer electronics.

These temporary exemptions across select sectors have sparked hope among investors that there might be room for negotiation with key trading partners, particularly in Europe and Asia. However, Trump’s frequent policy reversals—shifting from aggressive tariff threats to conciliatory gestures—have kept investors on edge. The unpredictability of his trade strategy has become a hallmark of his administration, and while markets have welcomed the latest reprieve, there’s an underlying wariness that the pendulum could swing back toward confrontation at any moment.

Adding to the trade narrative, the US Commerce Department has initiated probes into semiconductor and pharmaceutical imports, signaling that the administration is far from done with its protectionist agenda. These sectors are critical to global supply chains, and any tariffs imposed here could have far-reaching implications, particularly for tech-heavy markets such as South Korea and Taiwan, as well as pharmaceutical hubs in Europe and India.

The prospect of new tariffs has already stirred unease in Asian markets, though early trading today saw a lift in equities, led by Japan, where the Nikkei 225 gained 1.1 per cent on hopes of broader tariff exemptions. Meanwhile, US equity index futures are pointing to a slightly softer open, with a projected dip of 0.2 per cent, reflecting the mixed sentiment that’s pervading global markets.

On the macroeconomic front, Treasury Secretary Scott Bessent has sought to calm nerves following a recent selloff in the bond market. Yields on US Treasuries fell sharply today, with the 10-year yield dropping 11.6 basis points to 4.37 per cent and the two-year yield declining 11.5 basis points to 3.85 per cent. Bessent dismissed speculation that foreign nations, such as China or Japan, were offloading their US Treasury holdings en masse, a rumour that had gained traction amid heightened trade tensions. His comments provided some reassurance, but the bond market’s volatility underscores the broader uncertainty that investors are grappling with.

The US Dollar Index, meanwhile, continued its downward trajectory, shedding 0.5 per cent today, while gold, often a safe-haven asset in times of uncertainty, consolidated its recent gains with a modest 0.8 per cent decline. Brent crude oil, hovering around US$65 per barrel, eked out a 0.2 per cent gain, buoyed by optimism over potential tariff relief.

Shifting gears to the cryptocurrency space, a significant development has caught the attention of market watchers: a massive withdrawal of 1,000 Bitcoin (BTC), valued at over US$84 million, from the world’s largest cryptocurrency exchange by trading volume. According to blockchain monitoring firm Whale Alert, the transaction occurred late on April 14, with the funds moved to an unknown wallet.

This kind of movement often sparks speculation in the crypto community, as large withdrawals by so-called “whales” can signal a variety of intentions—ranging from long-term holding (a bullish sign) to preparation for a major sale (a potential bearish signal). Given the timing, however, this withdrawal aligns with a broader wave of optimism in the crypto market, as Bitcoin and other altcoins are showing signs of a potential price recovery.

Bitcoin has indeed been on a tear in recent days, with CoinMarketCap data showing a 1.98 per cent price increase and a staggering 25.82 per cent surge in trading volume over the past 24 hours as of April 15. This uptick comes after a period of consolidation following a slump that saw BTC dip below US$80,000 earlier this month. The renewed interest from both retail and institutional investors is palpable, and key metrics—such as trading volume and on-chain activity—are painting a bullish picture.

Analysts are increasingly optimistic, with price targets ranging from US$132,000 (as predicted by Jamie Coutts) to an ambitious US$250,000 (projected by Charles Hoskinson) by the end of 2025 or into 2026. These projections reflect a growing belief that Bitcoin is solidifying its status as a store of value, often dubbed “digital gold,” especially in a world where macroeconomic uncertainty is driving demand for alternative assets.

However, the crypto market isn’t without its challenges, and regulatory developments are casting a shadow over the sector. A recent post from Eleanor Terrett on X highlighted that the US Securities and Exchange Commission (SEC) has delayed its decision on allowing WisdomTreeFunds and VanEck to process in-kind creations and redemptions for their Bitcoin and Ethereum spot ETFs until June 3.

For those unfamiliar, “in-kind” transactions involve exchanging the underlying assets (such as Bitcoin or Ethereum) directly, without converting to cash—a mechanism that helps investors avoid taxable events while maintaining liquidity and price stability. The SEC’s hesitation stems from concerns raised during the Gary Gensler era, where the regulator prioritised cash creations to limit tax advantages, even though in-kind transactions are often more efficient for ETF operations. This delay underscores the ongoing tug-of-war between innovation in the crypto space and the regulatory framework that governs it, a tension that continues to shape the market’s evolution.

On a more positive note, corporate adoption of Bitcoin is gaining momentum, a trend that’s bolstering the bullish sentiment. Strategy (formerly known as MicroStrategy) made headlines today with its latest purchase of 3,459 BTC for US$285.8 million, bringing its total holdings to an impressive 531,644 Bitcoin as of April 15.

This acquisition, at an average price of approximately US$82,600 per Bitcoin, reaffirms Strategy’s position as one of the largest corporate holders of the cryptocurrency. The company’s aggressive accumulation strategy has been a bellwether for institutional interest in Bitcoin, and its success has inspired other firms to follow suit. Japanese firm Metaplanet, Semler Scientific, and even GameStop have joined the corporate Bitcoin adoption trend, collectively contributing to a 16.11 per cent quarter-over-quarter increase in public company Bitcoin holdings, which now stand at 694,453 BTC—or 3.3 per cent of the total supply.

This surge in corporate adoption has been facilitated by a significant regulatory shift: the SEC’s decision to drop Staff Accounting Bulletin No. 121 (SAB 121), a rule that previously made crypto custody financially unattractive for public companies. SAB 121 required firms to record crypto holdings as liabilities on their balance sheets, a requirement that deterred many from entering the space. With this hurdle removed, companies are now more willing to allocate capital to Bitcoin, viewing it as a hedge against inflation and a potential driver of shareholder value. Strategy’s success, in particular, has been a proof of concept—since it began accumulating Bitcoin in 2020, the company’s stock has soared, often outperforming the cryptocurrency itself on a risk-adjusted basis.

From my perspective, the convergence of these macro and crypto developments paints a picture of a market at a crossroads. On one hand, the improving global risk sentiment and signs of tariff relief are providing a tailwind for equities and risk assets, including cryptocurrencies. The MSCI US index’s 0.8 per cent gain today, led by a 2.2 per cent surge in the Real Estate sector, reflects this optimism, as does the resilience of Asian equities.

On the other hand, the specter of new tariffs on semiconductors and pharmaceuticals, coupled with the SEC’s cautious approach to crypto ETFs, reminds us that structural risks remain. The crypto market, in particular, is a microcosm of this duality—while Bitcoin’s bullish metrics and corporate adoption are encouraging, the massive whale withdrawal and regulatory delays highlight the volatility and uncertainty that still define the space.

I can’t help but feel a mix of excitement and caution about where we’re headed. Bitcoin’s trajectory, in particular, feels like a litmus test for the broader adoption of digital assets. The fact that companies such as Strategy and Metaplanet are doubling down on BTC amid trade war concerns suggests that corporate treasuries see it as a viable hedge against macroeconomic turbulence—a narrative that’s gaining traction. Yet, the SEC’s delay on in-kind ETF creations is a reminder that the path to mainstream acceptance is fraught with regulatory hurdles. For investors, the key will be to navigate this landscape with a clear-eyed understanding of both the opportunities and the risks.

In conclusion, today’s market wrap reveals a world where hope and uncertainty coexist in equal measure. Trump’s tariff reprieve has lifted spirits, but the threat of new levies looms large. Bitcoin’s resurgence and corporate adoption are bright spots in the crypto space, but whale movements and regulatory delays serve as sobering reminders of the sector’s volatility.

 

Source: https://e27.co/market-wrap-a-tale-of-tariffs-bitcoin-whales-and-corporate-crypto-adoption-20250415/

 

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

US-China trade war escalates: Bitcoin falls below US$78K amid market chaos

US-China trade war escalates: Bitcoin falls below US$78K amid market chaos

The escalating trade tensions between the United States and China, particularly in light of President Donald Trump’s recent tariff policies is giving me chills. The announcement of these sweeping tariffs, dubbed “Liberation Day” by the Trump administration, has sent shockwaves through financial markets, impacting everything from traditional equities to cryptocurrencies like Bitcoin and Ethereum.

Today, on April 7, 2025, the world is grappling with the fallout of this bold economic move, and I’d like to offer my perspective on how these developments are reshaping the global financial landscape, with a particular focus on their implications for cryptocurrencies and broader market sentiment.

The latest chapter in this saga began when Trump unveiled a comprehensive tariff strategy on April 2, 2025, imposing a 10 per cent baseline levy on all US imports, with steeper duties targeting specific countries—34 per cent on China and 20 per cent on the European Union, among others. This policy, aimed at addressing trade imbalances and bolstering domestic manufacturing, was met with swift retaliation from Beijing, which announced additional 34 per cent tariffs on all US goods just days later.

The tit-for-tat escalation has heightened fears of a full-blown global trade war, pushing investors to seek refuge in safe-haven assets like US Treasury bonds and gold, while riskier assets—stocks, commodities, and cryptocurrencies—have taken a significant hit. The MSCI US index plummeted 6.0 per cent in response, with US equity futures signalling a further 3.3 per cent drop at the open, reflecting the deepening gloom among investors.

For cryptocurrencies, the impact has been particularly pronounced. Bitcoin, the bellwether of the crypto market, has tumbled below US$78,000, trading at US$77,840 as of Sunday—a six per cent decline that mirrors the broader retreat in risk sentiment. This drop comes after a staggering US$247 million in long liquidations rocked the market over a 24-hour period, a clear sign that traders are unwinding their bullish positions amid the uncertainty.

Ethereum, the second-largest cryptocurrency by market cap, has fared even worse, plunging below US$1,600 and erasing over 14 per cent of its value in the same timeframe, with US$217 million in liquidations adding fuel to the fire. These dramatic sell-offs underscore the vulnerability of digital assets to macroeconomic shocks, particularly when investor confidence in traditional markets begins to waver.

What’s striking about this downturn is how it contrasts with the optimism that surrounded cryptocurrencies earlier this year. Bitcoin hit an all-time high of US$109,000 in January, buoyed by Trump’s election victory in November 2024 and his subsequent pro-crypto rhetoric. During his campaign, Trump pivoted from being a crypto skeptic to a vocal supporter, promising to make the US the “crypto capital of the world” and even floating the idea of a national cryptocurrency stockpile.

That enthusiasm carried over into the early months of his administration, with Bitcoin trading above US$80,000 for much of 2025 despite intermittent volatility. Ethereum, too, enjoyed a robust start to the year, hovering above US$1,800 as recently as last week. But the tariff announcement has flipped the script, exposing the fragility of these gains in the face of broader economic headwinds.

The interplay between Trump’s tariffs and the crypto market is a fascinating case study in how geopolitical and economic policies can ripple through decentralised ecosystems. Historically, Bitcoin has been touted as a hedge against inflation and economic instability—qualities that should, in theory, make it resilient during times like these.

Indeed, some analysts argue that tariffs could ultimately bolster Bitcoin’s long-term appeal by weakening the US dollar’s dominance and driving interest in alternative assets. Jeff Park from Bitwise Asset Management, for instance, suggested that a sustained tariff war could be “amazing for Bitcoin in the long run” due to its potential to undermine traditional currencies. Yet, in the short term, the data tells a different story: Bitcoin and Ethereum are moving in lockstep with risk assets like tech stocks, not as a counterweight to them.

This correlation is evident in the broader market dynamics. The Nasdaq Composite, a tech-heavy index, is careening toward a bear market, while the S&P 500 has shed 4.8 per cent in a single day—its worst drop since June 2020. Defensive sectors like Consumer Staples and Real Estate, while still down, have outperformed the broader market, signalling a flight to safety that hasn’t yet extended to cryptocurrencies.

Meanwhile, commodities like Brent crude have slumped toward US$65 per barrel, reflecting fears that tariffs will dampen global demand growth just as OPEC+ ramps up supply. The US Dollar Index has edged up 0.9 per cent, consolidating recent losses, but Treasury yields are pulling back—the 10-year at 3.99 per cent and the 2-year at 3.65 per cent—as recession odds climb. Gold, typically a rival safe haven to Bitcoin, has held firm above US$3,000 per ounce despite a 2.5 per cent dip, underscoring its enduring appeal in times of crisis.

Digging deeper into the crypto sell-off, the liquidation cascade offers a window into the mechanics of this downturn. For Ethereum, a single whale’s US$106 million loss—triggered by the sale of 67,570 ETH on Maker—appears to have sparked a chain reaction, dragging prices from above US$1,800 to US$1,500 in a matter of hours. Another investor’s sale of 14,014 ETH, valued at $22 million, further amplified the panic, pushing Ethereum to levels not seen since October 2023.

These events highlight the leveraged nature of the crypto market, where large positions can magnify price swings, especially during periods of heightened uncertainty. Bitcoin, while less severely impacted, still saw its own wave of liquidations, with US$247 million wiped out as traders rushed to exit long positions.

In my humble point of view, the tariffs are acting as a double-edged sword for cryptocurrencies. On one hand, they’re stoking fears of slower growth and higher inflation—conditions that could, over time, drive adoption of decentralised assets as a hedge against traditional systems.

Trump’s own pro-crypto stance, including his March announcement of a strategic reserve featuring Bitcoin and Ethereum, lends credence to this narrative. Yet, in the immediate term, the market is behaving more like a risk proxy than a safe haven. The Fear & Greed Index, a barometer of crypto sentiment, remains mired in “fear” territory, a stark contrast to the exuberance of earlier this year.

Looking ahead, the trajectory of this trade war will be critical. Federal Reserve Chair Jerome Powell has signalled that the central bank won’t rush to cut rates in response to the tariffs, despite their potential to slow US growth and stoke inflation. This stance could exacerbate the pressure on risk assets if inflationary pressures persist without monetary relief.

For Bitcoin and Ethereum, a prolonged period of market turmoil could test key support levels—US$75,000 for Bitcoin and US$1,400 for Ethereum—before any recovery takes hold. Yet, if the tariffs weaken confidence in fiat currencies or trigger a broader shift away from dollar-centric systems, as some experts predict, cryptocurrencies could emerge stronger on the other side.

As I reflect on these developments, I’m struck by the paradox at play. Trump’s tariffs, intended to strengthen the US economy, are instead unleashing chaos across global markets, including the very crypto ecosystem he’s championed. For investors, the challenge lies in navigating this volatility—balancing the short-term pain of sell-offs against the long-term promise of digital assets. From where I stand, the story is far from over.

The coming weeks will reveal whether this is a temporary blip or the start of a deeper reckoning for cryptocurrencies and the global economy alike. One thing is certain: in this interconnected world, no market is an island, and the reverberations of “Liberation Day” will be felt for months, if not years, to come.

 

Source: https://e27.co/us-china-trade-war-escalates-bitcoin-falls-below-us78k-amid-market-chaos-20250407/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j