Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, crypto analysts anticipate continued pressure owing to trading wars until April. Tether is in discussions with a Big Four accounting firm to conduct a full financial audit. Meanwhile, the US Treasury Department has officially removed crypto mixer Tornado Cash from its sanctions list.
Despite a multitude of positive crypto-specific developments, global tariff fears will continue pressuring the markets until at least April 2, according to Nicolai Sondergaard, research analyst at Nansen.
Risk assets may lack direction until the tariff-related concerns are resolved, which may happen between April 2 and July, presenting a positive market catalyst, added the analyst.
