$BTC $ETH $BTC
The recent announcement by Trump about a temporary ceasefire with Iran has driven increases in BTC and ETH, while previous announcements such as tariffs caused initial declines. Below, I summarize two key impacts in differentiated publications, with market data and visuals.
## Publication 1: Tariffs "Liberation Day" (April 2025)
On April 2, 2025, Trump announced massive tariffs, causing an immediate crash in crypto: BTC fell from ~$85K to $82K in 48 hours, with losses of $200B in the total market.[1][2] ETH dropped ~25% in three days, with liquidations of >$500M in leveraged positions.[1][3] The recovery came later, with BTC at ~$93.5K by the end of the month.[1]
## Publication 2: Ceasefire Iran (April 2026)
On April 7, 2026, Trump announced a two-week ceasefire with Iran, raising BTC from ~$68K to >$71K, surpassing $70K for the first time since March.[4][5][6] ETH rose from ~$2.1K to >$2.2K, reflecting geopolitical relief despite the temporary pause.[5][7] This boosted risk assets, although uncertainties persist.[6]
The recent announcement by Trump about a temporary ceasefire with Iran has driven increases in BTC and ETH, while previous announcements such as tariffs caused initial declines. Below, I summarize two key impacts in differentiated publications, with market data and visuals.
## Publication 1: Tariffs "Liberation Day" (April 2025)
On April 2, 2025, Trump announced massive tariffs, causing an immediate crash in crypto: BTC fell from ~$85K to $82K in 48 hours, with losses of $200B in the total market.[1][2] ETH dropped ~25% in three days, with liquidations of >$500M in leveraged positions.[1][3] The recovery came later, with BTC at ~$93.5K by the end of the month.[1]
## Publication 2: Ceasefire Iran (April 2026)
On April 7, 2026, Trump announced a two-week ceasefire with Iran, raising BTC from ~$68K to >$71K, surpassing $70K for the first time since March.[4][5][6] ETH rose from ~$2.1K to >$2.2K, reflecting geopolitical relief despite the temporary pause.[5][7] This boosted risk assets, although uncertainties persist.[6]