Bitcoin Surges After Tariff Pause; Experts Predict $250K by Year-End

Bitcoin experienced a volatile month, marked by a significant sell-off due to US President Trump's announcement of sweeping "reciprocal tariffs." According to Binance Research, the crypto market capitalization dropped approximately 25.9% from January highs, wiping out about $1 trillion in value by early April. Bitcoin traded below $77,000 last week but spiked above $82,000 on Wednesday following Trump's announcement of a 90-day tariff pause. Cardano founder Charles Hoskinson predicted on Tuesday that the markets will stabilize, the Fed will lower interest rates, and cheap money will pour into crypto. He also foresaw new stablecoin legislation being passed in the coming months, incentivizing major companies to adopt the assets. Crypto trader Arthur Hayes predicted in mid-March that Bitcoin could reach $250,000 by year-end as the Fed intervenes to stabilize markets.