- Midas Crypto
- Posts
- 🌙 Crypto Market Rebounds Slightly After Tariff-Induced Losses
🌙 Crypto Market Rebounds Slightly After Tariff-Induced Losses
BTC, ETH and SOL post modest gains following strong payrolls data, but recession fears linger.
Mike Gavela
April 04, 2025
Crypto Roundup - April 4
The crypto market has experienced a slight rebound following losses induced by tariff-related issues, with some digital assets showing minor recovery, although the overall outlook remains uncertain. Meanwhile, Aave's founder has launched the SocialFi protocol, Lens, on its mainnet, attracting over 650,000 users and marking a significant step in decentralized social networking within the DeFi ecosystem. On the political front, U.S. Senator Elizabeth Warren has called for an investigation into the SEC and former President Trump's potential connections to the crypto industry, raising concerns over conflicts of interest and possible financial benefits for Trump's network, particularly regarding cases that the SEC may have paused or dropped during his tenure.
Top Stories
Crypto market rebounds slightly after tariff losses, showing signs of recovery.
Aave founder's SocialFi protocol Lens launches on mainnet with 650K users.
Elizabeth Warren calls for probe into Trump-SEC crypto ties amid concerns of conflicts.
SPONSORED BY
Crypto’s Most Influential Event
Consensus is the world’s longest-running gathering of the global crypto, blockchain, and AI communities.
Celebrated as ‘The Super Bowl of Blockchain’, Consensus will welcome 20,000 attendees shaping the decentralized digital economy to Toronto this May 14-16.
Ready to invest in your future?
Attending is your best bet.
TOP STORIES
FUNDRAISING
#DuckDAO Venture Capital Invests in the #Bugscoin Project.
One of DuckDAO’s flagship investments is MANTRA (Ranked 21 on CoinMarketCap).
— bugscoin (@bugscoin_bgsc)
5:37 AM • Apr 4, 2025
OTHER HEADLINES
CRYPTO TWITTER (X)
A BLOCKCHAIN JUST FOR STABLECOINS
Everyone agrees stablecoins are growing.
~$4Bn outstanding in 2019, $235Bn today.60x over 6 years is impressive, but offshore US dollar bank deposits alone are ~$13T.
That means stablecoins have penetrated only 1.8% of the market.
All of this— Momo Ong (@momoeureka)
2:31 PM • Apr 4, 2025
S&P down 11% on the month and BTC is flat
Unfathomably bullish
— Mitchell ✝️🇺🇸 (@MitchellHODL)
5:34 PM • Apr 4, 2025
We had a larger drop than this just three years ago and nobody was jumping out of windows.
The media is feeding you all your thoughts and worries.
The $SPX was priced at 23 times future earnings a month ago (which was nearly as high as it was during dot com bubble
Chill out
— Mr. Anderson (@TrueCrypto28)
4:40 PM • Apr 4, 2025
FOLLOW US ON SOCIAL
SHARE!
Love our newsletter? Share it with your friends, family, colleagues, interns who need to stay on top of the crypto markets! Join over 98,000 investors and crypto degenerates who read Midas Crypto Daily!