- CoinGape's Newsletter
- Posts
- 🚨 Tariffs Crash BTC, White House Ditches Strategic Reserve Plan
🚨 Tariffs Crash BTC, White House Ditches Strategic Reserve Plan
Your front-row seat to the biggest gains, boldest calls, and breaking stories in crypto—delivered daily.
CoinGape Media
July 30, 2025
📰 News
Bitcoin Takes a Hit Amid U.S.-India Tariff Tensions
BTC slid to $17,400 after Donald Trump announced a 25% tariff on India, citing high tariffs and defense ties with Russia. The move triggered immediate market jitters despite BTC rebounding briefly to $18,400 the day before.
India is now added to a list of nations facing reciprocal tariffs starting August 1 — but hope isn’t lost. The U.S. has already struck trade deals with the EU, Japan, Vietnam, and others, fueling optimism for BTC’s recovery.
If India manages a trade agreement before the deadline, we could see another BTC bounce in play. For now, Bitcoin remains stuck in sideways action, with traders watching geopolitical headlines closely.
White House Crypto Report Drops – But No Strategic Bitcoin Reserve Mentioned
Trump’s Digital Asset Working Group has released its long-awaited crypto policy report, aiming to “usher in the Golden Age of Crypto.”
🔹 Key Focus: Regulatory clarity, not reserves.
🔹 Big Ask: Congress should pass the CLARITY Act to eliminate gaps in oversight of non-security crypto assets.
🔹 Push for Action: Faster approvals, clearer rules from the SEC & CFTC on custody, trading, and registration.
🔹 What’s Missing? No mention of the Strategic Bitcoin Reserve, despite Trump’s earlier executive order.
With the House version of the CLARITY Act already passed and the Senate working on its own, this report may finally lay the groundwork for federal-level crypto regulation.
Could this be the policy spark that drives the next wave of institutional adoption?
Join 2,000+ investors earning passive BTC income from industrial-scale mining — without the $50K+ entry cost.
✅ Start with just $100
✅ No setup, no tech headaches
✅ 70% lower electricity costs
✅ Get monthly Bitcoin payouts
✅ Always upgraded hardware — no extra cost
⏳ Only 72 hours left before the next stage price hike. Limited spots remain!
📊 Markets
Dogecoin Eyes Breakout Against Bitcoin – Is a Rally Brewing?
The DOGE/BTC chart is flashing a classic double bottom – a bullish pattern hinting at a possible trend reversal. Support has held firm at 0.0000145, and now all eyes are on the next breakout.
🔹 Key Resistance: 0.00000248 – a level DOGE has failed to conquer twice
🔹 Next Target: 0.00000426 if bulls take charge
🔹 Potential Upside: A 71% move could send DOGE to $0.37
🔹 Historical Clue: DOGE soared 350% the last time this ratio surged
Despite recent macro-driven dips, the technicals suggest DOGE might be ready to bark again
Ethereum Eyes $5,400 as Bullish Pattern Unfolds
ETH just broke through the neckline of an inverted head & shoulders – a classic bullish reversal setup! With $2,750 now solid support, the next major move could take Ethereum 98% higher to $5,400.
Next Key Hurdles:
→ $4,000 (major resistance)
→ $4,800 (2021 high)
RSI at 69 still leaves room for growth – and history shows ETH can rally past 80 before slowing down.
Short-term target: $4,000 — Watch this level closely. If it breaks, the road to $5,400 opens wide.
