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🌙 Crypto Market Extends Losses as Tariff Tensions Rattle Investors

The cryptocurrency market posted losses for the second consecutive day on Wednesday, as investors grapple with new potential tariff measures.

Author

Mike Gavela
April 16, 2025

Crypto Roundup - April 15

A brief but impactful set of developments shaped crypto markets today. Binance temporarily suspended withdrawals due to a widespread AWS outage but swiftly restored operations. Meanwhile, interest in real-world assets (RWAs) continues climbing, with on-chain gold trading volumes hitting record highs as investors hedge against macro uncertainty. Separately, Kaiko analysts suggest XRP ETFs could be the next to gain SEC approval following Ethereum, signaling growing institutional momentum toward diversified crypto exposure.

Top Stories

  • Binance resumes operations after AWS outage disrupts withdrawals for several hours.

  • On-chain gold trading volume hits all-time high amid rising demand for tokenized RWAs.

  • XRP ETFs may be next in line for SEC approval, according to Kaiko analysts.

TOP STORIES

Crypto Market Extends Losses as Tariff Tensions Rattle Investors - "The Defiant"

Bitcoin holds steady while Ethereum and altcoins dip.

thedefiant.io/news/markets/crypto-market-extends-losses-as-tariff-tensions-rattle-investors

ZKsync tokens worth $5M swiped in admin account breach

The team says an attacker minted unclaimed tokens from ZKsync’s 2024 airdrop, and that no user funds or code were compromised.

blockworks.co/news/zksync-hack-tokens-stolen

South Korea Presidential Candidate Wants to Use Trump Playbook to Relax Crypto Regulations - Decrypt

South Korea presidential Candidate Hong Joon-pyo wants to follow U.S. President Donald Trump's playbook to deregulate crypto.

decrypt.co/315092/south-korea-presidential-candidate-trump-playbook

FUNDRAISING

DWF Labs Invests $25M in Trump Family-Backed World Liberty Financial, Expands to U.S.


DWF Labs opened a New York office and invested in World Liberty Financial, backing its stablecoin USD1 and decentralized finance growth

www.coindesk.com/business/2025/04/16/trump-family-backed-world-liberty-gets-usd25m-investment-from-dwf-labs

OTHER HEADLINES

CoinDesk Announces Eric Trump as a Headline Speaker at Consensus 2025

The president’s son will discuss his mining venture American Bitcoin alongside Asher Genoot, Chief Executive Officer of Hut 8.

www.coindesk.com/consensus-toronto-2025-coverage/2025/04/16/coindesk-announces-eric-trump-as-a-headline-speaker-at-consensus-2025

Bitcoin miners’ profit rate sinks 28% as concerns mount over price stability

A key metric for Bitcoin mining is slumping. Trump’s trade war has made the business tougher. An existential threat?

www.dlnews.com/articles/markets/bitcoin-miners-in-jeopardy-with-low-profits

AWS Outage Disrupts Crypto Exchanges, Raising Questions About Web3’s Centralized Backbone - "The Defiant"

The brief disruption led to failed trades and service delays across Binance, KuCoin, and MEXC.

thedefiant.io/news/infrastructure/aws-outage-disrupts-crypto-exchanges-raising-questions-about-web3-s-centralized-backbone

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