Will Bitcoin and Crypto Be Saved by This Major Announcement in 2023?

Bitcoin Crypto Money crypto, cryptocurrency, money iNthacity Network March 12, 2025 0 Comments

Welcome to the wild, unpredictable world of crypto, where one day you're sipping champagne and the next day you're Googling, "How to survive a Bear Market." If you’ve been following the crypto rollercoaster lately, you already know that Bitcoin has taken a serious tumble. But here’s a shocking fact: over 25,000 Bitcoin has been withdrawn from exchanges. What does that mean? Are the whales silently accumulating, or are retail investors hitting the panic button? Let’s dive into the chaos, decode the rumors, and see if there’s light at the end of this crypto tunnel.

After analyzing the latest developments, one question looms large: Can a single announcement save Bitcoin and the crypto market? According to CryptosRUs, the answer might just be yes. Let’s break it all down.

The Market Meltdown: Tariffs, Panic, and Bitcoin’s Plunge

First, let’s set the stage. Bitcoin, the king of crypto, is currently hovering around $83,000, a far cry from its $93,000 high just yesterday. And the culprit? The dreaded tariffs. Yes, tariffs. President Trump’s 25% tariffs on goods from Mexico, Canada, and China have sent Wall Street into full-blown panic mode. The ripple effect? A market-wide sell-off that’s dragging down everything from Bitcoin to Tesla.

Here’s the kicker: China, Mexico, and Canada aren’t taking this lying down. They’re retaliating with their own tariffs, and the result is a trade war that’s making investors sweat bullets. Companies like Apple are bracing for impact, as iPhones—manufactured in China—will now cost 20% more. Yikes.

But how does this affect Bitcoin? Well, when Wall Street sneezes, crypto catches a cold. Institutions holding Bitcoin ETFs are selling off en masse, forcing the funds to liquidate their Bitcoin holdings. It’s a classic case of panic selling, and it’s not pretty.

The Silver Lining: What’s Next for Bitcoin?

Now, before you start doom-scrolling, there’s a glimmer of hope. CryptosRUs dropped a bombshell: a rumored announcement could change everything. What’s the big deal? If the rumors are true, holding American-based crypto for over a year could mean zero capital gains tax. Crazy, right? This would be a game-changer, especially for Bitcoin, Ethereum, Cardano, Solana, and XRP—the crypto projects Trump previously mentioned for the crypto Reserve.

Imagine Bitcoin billionaires cashing out without paying a dime in taxes. It’s a dream scenario, and if it happens, the crypto market could skyrocket overnight. But here’s the catch: it’s all still a rumor. The announcement is supposedly coming this Friday during a crypto summit, so keep your eyes peeled.

The Whales Are Buying: What Does It Mean?

Meanwhile, behind the scenes, the whales are making their move. Over 25,000 Bitcoin has been withdrawn from exchanges, signaling that the big players are still buying. Why? Because they see opportunity in the chaos. While retail investors panic, the whales are quietly accumulating, betting on a future where Bitcoin goes parabolic.

And let’s not forget the miners. According to historical data, when 90% of Bitcoin miners are operating at a loss, it’s a strong indicator that the bottom is near. With current prices putting miners in the red, we could be closer to a rebound than you think.

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Will Bitcoin and Crypto Be Saved By This Annoucement?

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The Bigger Picture: Why Bitcoin Still Wins

Here’s the thing: Bitcoin was born out of chaos. It was created as a response to the reckless printing of fiat currency and flawed economic policies. And while the short-term news cycle is dominated by tariffs and panic, the long-term case for Bitcoin remains stronger than ever.

Take El Salvador, for example. Despite pressure from the IMF to stop buying Bitcoin, President Bukele has doubled down, increasing his country’s Bitcoin purchases. Why? Because he understands the long-term value of a decentralized, inflation-resistant asset.

The same goes for long-term holders. They’re not selling. They’re holding, accumulating, and DCAing (dollar-cost averaging) through the dips. Why? Because they believe in the future of Bitcoin. And history has shown that patience pays off.

ETFs, Institutional Money, and the Road Ahead

Another reason to be bullish? The flood of ETFs hitting the market. From Bitcoin to Dogecoin, institutional money is pouring into crypto. The SEC has been dismissing lawsuits left and right, and it’s only a matter of time before all these ETFs are approved. When that happens, expect a tidal wave of institutional investment that could send prices soaring.

And let’s not forget the innovation happening in the space. Projects like Cardano and Solana are pushing the boundaries of blockchain technology, while companies like Vchain are securing multi-million dollar deals. The future of crypto is bright, even if the present feels a little murky.

Your Call to Action: What Should You Do?

So, where does that leave you? First, take a deep breath. The market is volatile, but volatility is where opportunities are born. If you’re a long-term investor, this is the time to hold steady. If you’re looking to buy, consider dollar-cost averaging to take advantage of the dips.

And if you’re curious about the rumored announcement, mark your calendar for this Friday. It could be the catalyst that turns the market around. But even if it doesn’t happen, remember this: Bitcoin has weathered worse storms and come out stronger on the other side.

Want to stay ahead of the curve? Check out our AI Trading Indicator Guide for Crypto & Stocks to unlock the power of AI in your trading strategy. Because in this market, knowledge is power.

Join the iNthacity Community

Finally, we want to hear from you. What do you think about the current state of the crypto market? Do you believe the rumored announcement will be a game-changer? Join the conversation in the comments below and become a part of the iNthacity community—the "Shining City on the Web". Let’s navigate this wild crypto journey together.

Wait! There's more...check out our gripping short story that continues the journey: The Coin Gambit: A Dystopian Tale of Rebelling Through Crypto

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