Top 3 Cryptos Set to Gain from Trump’s Tariffs and Bitcoin Price Volatility
By Ekta Mourya
April 8, 2025 – 1:32 PM UTC
Edited by Anna Akopian
The recent cryptocurrency landscape has been dramatically influenced by political changes and market fluctuations. As the United States sees the emergence of its first "Bitcoin President," Donald Trump, the crypto market grapples with a price crash that has led to substantial losses. Bitcoin proponents had previously supported Trump’s campaign in hopes of favorable regulatory changes, but recent actions surrounding his tariff announcements have drastically altered the outlook for cryptocurrencies.
US Crypto President’s Tariffs Erase Bitcoin Gains
Donald Trump, who now has a reported net worth of $5.1 billion, has faced multiple lawsuits since taking office in 2024. His recent tariff announcements and an ongoing global market downturn have resulted in a considerable decrease in Bitcoin’s value. Bitcoin, which was once viewed as a safe haven asset, has struggled amid fluctuating market conditions, leading to a loss of its reputation as "digital gold." Just yesterday, Bitcoin experienced a sharp decline, dropping to a new cycle low of approximately $74,500, before making a slight recovery to stabilize around $80,000. The cryptocurrency market in total saw nearly $300 billion wiped from its market capitalization following these events. In contrast to Bitcoin’s fortunes, however, several categories of tokens have demonstrated resilience, showing promise for investors looking for alternative cryptocurrencies amidst this volatility.
Top 3 Tokens to Navigate the Crypto Market Crash
As traders and investors seek stability within the turbulent crypto market, three categories of tokens are standing out as particularly resilient: Liquid Staking Derivatives Finance (LSDFi) tokens, top payment solutions coins, and Bittensor ecosystem tokens.
- Pendle (PENDLE)
As the native token of the Pendle Finance ecosystem, PENDLE serves multiple functions from governance rights to providing liquidity incentives. Since mid-March, PENDLE has formed higher highs and higher lows, suggesting a healthy growth pattern. Technical analysis indicates potential further gains of up to 18%, testing resistance at $3.377. 2. Telcoin (TEL)
Focused on mobile payment solutions, TEL has shown stabilizing trends after overcoming downward movement over the past week. Current indicators suggest a potential rally of approximately 18%, and a likely breakout from resistance at $0.005363. If negative pressure continues, support can be found at a lower level of $0.003444. 3. Bittensor (TAO)
TAO has maintained its position with recent support solidifying around $284. The current market indicators, including an upward sloping RSI and MACD reading, indicate a bullish outlook, with potential price movement towards resistance at $245.50, while a correction may find support at $167.80. #### Bitcoin Price Forecast
As Bitcoin continues to consolidate just below its significant psychological level of $80,000, market indicators point towards potential further declines. Analysts predict that BTC could test a key support level of $76,900, reflecting a 2.69% decrease. Conversely, a positive upswing of 4% could bring Bitcoin closer to resistance at $82,379. #### Is Altcoin Season Coming?
The altcoin season index, which gauges periods where altcoins outperform Bitcoin, has recently declined from 65 to 33. This shift reflects trader sentiment in light of Trump’s tariff policies and associated market unrest. Typically characterized by a rotation of capital from Bitcoin to altcoins, an “altcoin season” may now be further delayed.
Expert Commentary
Industry experts have shared insights on the current situation. Dan Greer, CEO of a DeFi application, noted that Bitcoin’s recent drop is part of a larger trend in response to macroeconomic stress. He remains optimistic about Bitcoin’s potential for recovery. Ian Balina, CEO of Token Metrics, echoed these sentiments, suggesting that the recent market volatility aligns with broader strategic moves within the Trump administration concerning national debt.
Conclusion
Navigating the current cryptocurrency landscape presents both challenges and opportunities. As traders react to political changes and market conditions, identifying tokens with potential for resilience and growth could provide much-needed security in a fluctuating environment. As the market continues to evolve, staying informed is vital for any investor in this rapidly shifting digital economy.
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