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March 2025 in charts: Trump trade war hits Bitcoin, $22M in DeFi hacks

2025-04-02 00:01:40

March 2025 in charts: Trump trade war hits Bitcoin, $22M in DeFi hacks

Bitcoin and the Trump Trade War

In March 2025, the crypto-ecosystem was shaken as Bitcoin faced the brunt of the Trump trade war. With the global economy on tenterhooks, Bitcoin, usually regarded as a safe haven during economic turbulence, suffered. The sentiment, as quantified by the Bitcoin Fear and Greed Index, was one of extreme fear.

DeFi Hacks: A $22M Nightmare

As if the price fluctuations weren't enough, DeFi platforms experienced a wave of security breaches. Hackers made off with a staggering $22M, shaking investor confidence and raising questions about the security of these decentralised platforms.

Impact on Bitcoin

The Bitcoin market was hit hard by these events. The losses in DeFi platforms led to a decreased willingness to invest in cryptocurrencies, casting a shadow over the entire crypto ecosystem. This was reflected in a drop in the Bitcoin price, as shown on bitcoinmeter.io.

Lessons Learned

  • Trade wars can have a significant impact on the value of Bitcoin, demonstrating that it is not entirely isolated from the mainstream financial system.
  • The DeFi hacks underscored the need for improved security measures within the crypto sphere.
  • Investors need to be aware of the inherent risks involved in cryptocurrency investment, including the potential for significant financial loss.

Disclaimer: This content is for informational purposes only and not financial advice...