Crypto Today: Bitdeer Sells All BTC; Tariffs Raised to 15%
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Here are the key cryptocurrency developments today: Bitcoin miner Bitdeer fully liquidated its corporate Bitcoin reserves; Robinhood’s crypto unit reported broader customer interest beyond major tokens during the market downturn; and U.S. President Donald Trump announced an increase in the global tariff rate to 15%.
Bitdeer sells all corporate Bitcoin, treasury balance now zero
Bitcoin mining company Bitdeer disclosed in its latest weekly operational update that its “pure holdings,” which exclude customer deposits, have fallen to 0 Bitcoin (BTC). The firm reported producing 189.8 BTC during the period and selling the entire amount, in addition to liquidating 943.1 BTC from existing treasury reserves.
Bitdeer’s Bitcoin holdings drop to 0. Source: Bitdeer
In a prior update on Feb. 13, the miner said it still held 943.1 BTC and had sold 179.9 BTC out of 183.4 BTC mined that week, maintaining its treasury despite routine sales of newly mined coins. While miners commonly sell a portion of production to cover operating costs such as power, hosting and equipment, a full treasury liquidation is less common.
Robinhood notes broader crypto diversification amid market weakness
Crypto investors are increasingly looking beyond the largest tokens, according to Johann Kerbrat, head of crypto at Robinhood. Kerbrat said in an interview that many customers view recent price pressure as a chance to “buy the dip” and are trading a wider set of assets, not only the top two or three by market capitalization such as Bitcoin and Ether.
The Altcoin Season Index recorded a Bitcoin Season score of 33 out of 100 on Sunday, showing investors are still heavily favoring Bitcoin over altcoins. Source: CoinMarketCap
This trend suggests some investors may be growing more comfortable with the asset class and its inherent volatility.
Trump announces increase in global tariff rate to 15%
U.S. President Donald Trump announced on Friday a 5% increase to the global tariff rate, raising it to 15%. The change is set to be applied on top of existing, legally valid tariffs. The announcement followed a Supreme Court ruling that curtailed the president’s authority to impose tariffs under the International Emergency Economic Powers Act (IEEPA).
Trump stated the increase would take effect immediately and framed it as moving the rate to a “legally tested” 15% level. Risk assets, including cryptocurrencies, often see volatility following tariff actions, but major crypto markets showed little reaction to the latest announcement.
Disclaimer: This article provides factual updates sourced from company disclosures and public statements. Readers should independently verify key details and market information.
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