🚨 Breaking: Today’s Must-Read Crypto & Web3 News

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CoinGape Media
April 10, 2025

News

U.S. Senator Elizabeth Warren has recently sent shockwaves across America by calling for an investigation into Donald Trump’s new tariffs. On Thursday, April 10, the Senator proclaimed that the President’s latest initiative is primarily to manipulate the market to favor his Wall Street donors. Warren said, “I’m calling for an investigation into whether President Trump manipulated the market. Did Trump help insiders cash in on his tariff flip-flopping?” she added in an X post shared recently.

Bitcoin price has continued its run towards the north today, especially after the US CPI cooled to 2.4% in March. Investors eagerly awaited this crucial data from the Labor Department for cues on the inflationary pressure amid the ongoing global trade war due to Trump’s Tariff policy. However, with the cooling inflation, it appears that the US Fed might move ahead with a dovish plan with their rate cut plans.

Markets

Bitcoin rallied above $84,000 on Wednesday, jumping more than 8% within hours of Donald Trump’s surprise rollback of global tariff plans. The surge appears to validate BlackRock CEO Larry Fink’s Monday prediction that the looming economic uncertainty could create an attractive entry point for long-term investors.

Solana price went vertical on Thursday, erasing some of the losses made earlier this week as a sense of fear spread in the market. It jumped from $100 to $115, a price ation that mirrored that of other altcoins like Pepe and Fartcoinn. This rally was triggered by Donald Trump’s pause of most tariffs on US imports.