BTC Passes $85K On Tech Tariff Exemption

Are the tides turning?

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Hey crypto trailblazer, 👋

Big moves this week. Trump exempts tech from tariffs, Bitcoin breaks its downtrend, and a Scottish school makes UK history. Here's what you need to know:

🔥 Bitcoin Breaks Downtrend as Trump Spares Tech From Tariffs

Bitcoin surged past $84,900, breaking its three-month downtrend after key tariff exemptions. Here's the scoop:

  • Trump administration exempted smartphones, computers and chips from both the 125% China tariff and 10% global levy

  • U.S. smartphone imports alone are worth over $60 billion annually

  • Major altcoins including ETH, XRP, and ADA jumped 6% on the news

  • Bitcoin's chart shows potential breakout above the descending trendline from January's $109K highs. This may attract more buyers.

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💰 Scottish School Makes UK History with Bitcoin Payments

Lomond School in Scotland is making waves in the education sector:

  • First UK educational institution to accept Bitcoin for tuition (starting autumn 2025)

  • Decision followed requests from both local and international parents

  • Initially converting all payments to British pounds with plans to potentially "build a Bitcoin asset reserve" as adoption increases

  • Will incorporate Bitcoin education into curriculum as real-world case study

🔮 Cardano Founder Predicts $250K Bitcoin

Charles Hoskinson, Cardano founder and Ethereum co-creator, predicted Bitcoin could hit $250,000 this year in a recent CNBC interview.

His forecast hinges on two factors:

  • The "Magnificent 7" tech giants adopting stablecoins once legislation passes

  • Upcoming stablecoin regulations providing the clarity these companies need

Hoskinson expects market stalling for 3-5 months before a "wave of speculative interest" begins around August/September, driven by potential Fed rate cuts and stabilizing tariff conditions.

Looks like we’ll have to wait to find out whether this prediction comes true!

Stay epic,
Epic Crypto News Team

DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.

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