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Tariff Deadline Crash Coming?📉Crypto Market Update · The Paul Barron Crypto Show

• 0:06
  Speaker 1: Tariff deadline is coming and it could be looming into
• 0:09
  Speaker 1: a market crash that will break down for you guys today.
• 0:11
  Speaker 2: My name is Paul Barren.
• 0:12
  Speaker 1: Welcome back into tech Path, and today I want to
• 0:15
  Speaker 1: thank our sponsor, and that is I Trust Capital. You
• 0:17
  Speaker 1: guys can, of course, kind of avoid all of this
• 0:20
  Speaker 1: by investing long term, and the way to do that
• 0:23
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• 0:25
  Speaker 2: Remember four one k iras.
• 0:27
  Speaker 1: You guys can go out and build your investment portfolio,
• 0:30
  Speaker 1: but you can also do it with crypto and the
• 0:32
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• 0:35
  Speaker 1: No matter what kind of investing strategy you want to use.
• 0:38
  Speaker 1: Let's go over to a couple of the points I
• 0:39
  Speaker 1: want to hit on today. So I want to go
• 0:41
  Speaker 1: to this first story, why is crypto market down today?
• 0:43
  Speaker 1: There's a few points within this that we'll hit on.
• 0:45
  Speaker 1: Two hundred and thirty million wiped off crypto market last
• 0:48
  Speaker 1: twenty four hours. Is on bitcoin failed to sustain the
• 0:51
  Speaker 1: recent rally to eighty seven okay, And of course investors
• 0:55
  Speaker 1: now are a little bit more in the.
• 0:56
  Speaker 2: Risk off mode. That's a big factor. Obviously.
• 0:59
  Speaker 1: Donald Trump, he delivered this spitch speech yesterday and this
• 1:03
  Speaker 1: was a nothing burger. Again, probably not as cringe as
• 1:07
  Speaker 1: the summit, which I felt like was a little cringe,
• 1:10
  Speaker 1: but this one definitely did not deliver. And the reason
• 1:13
  Speaker 1: is he did reiterate support, but he failed to announce
• 1:17
  Speaker 1: any new policies. It is really just kind of a
• 1:19
  Speaker 1: check in that is a problem I think overall. And
• 1:22
  Speaker 1: when you look at the bitcoin reserve, many people look
• 1:25
  Speaker 1: at this and think, well, you know, the bitcoin.
• 1:27
  Speaker 2: Reserve is can it be a good thing, could it
• 1:30
  Speaker 2: be a bad thing? How do you guys see it.
• 1:31
  Speaker 1: I'm always kind of curious about what you guys think
• 1:34
  Speaker 1: about this. The other thing that is playing into this is,
• 1:37
  Speaker 1: of course Trump is also looking at this whole situation
• 1:40
  Speaker 1: around April second. Let me see if I can zoom
• 1:42
  Speaker 1: in on that for you guys a.
• 1:43
  Speaker 2: Little bit there.
• 1:44
  Speaker 1: It's going to be liberation Day for America as we
• 1:48
  Speaker 1: have been ripped off by every country in the world.
• 1:50
  Speaker 1: That's his whole statement on the second. The plan is
• 1:54
  Speaker 1: to create reciprocal tariffs, I guess worldwide right now. And
• 2:01
  Speaker 1: if that does go through, the impact on the markets
• 2:05
  Speaker 1: could be deafening in terms of not only the S
• 2:08
  Speaker 1: and P five hundred, we could see gold becoming a
• 2:10
  Speaker 1: skyrocketing asset. Bitcoin might end up plummeting depending on how
• 2:16
  Speaker 1: the markets come out of the S and P five hundred,
• 2:19
  Speaker 1: because it's very tied to the S and P five hundred.
• 2:21
  Speaker 2: I want to go to a clip here.
• 2:23
  Speaker 1: This is Peter saint On and he's talking about tariffs
• 2:26
  Speaker 1: and the impact because there could be some short term
• 2:29
  Speaker 1: pain but some long term gain.
• 2:30
  Speaker 2: Take a look.
• 2:32
  Speaker 3: China is terrified that Donald Trump could turn it into
• 2:35
  Speaker 3: a Japan style zombie economy. According to Wall Street Journal,
• 2:40
  Speaker 3: China is quote right to worry because Trump's aggressive tariffs
• 2:44
  Speaker 3: on China with more to come on April second, are
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  Speaker 3: hitting when China's economy was already reeling from failed central planning,
• 2:51
  Speaker 3: with trillions of overcapacity dumped into state favorites from green
• 2:55
  Speaker 3: energy and evs, two semiconductors, and commercial aircraft. Now I
• 2:59
  Speaker 3: mentioned previous videos that Trump's dream of bringing production back
• 3:03
  Speaker 3: to America's actually possible if business taxes and red tape
• 3:07
  Speaker 3: are tamed. Doge is aiming directly at both. While Trump
• 3:11
  Speaker 3: wants to repeal the entire income tax. Given America's huge economy,
• 3:14
  Speaker 3: we're one quarter of the entire global economy. If you
• 3:17
  Speaker 3: nestle that under a big beautiful tariff umbrella and cut
• 3:21
  Speaker 3: costs and red tape, you get a flood of even
• 3:24
  Speaker 3: Chinese companies wanting to make it in America. Beijing will
• 3:28
  Speaker 3: be bribing them to stay. Of course, it's not just Trump.
• 3:31
  Speaker 3: Doing business in China has always been like dating a stripper.
• 3:34
  Speaker 3: Looks good, but there's an awful lot of drama.
• 3:38
  Speaker 2: All right.
• 3:39
  Speaker 1: So a couple of points I want to get on
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  Speaker 1: that Saint Anjbank's there is this whole situation with terrors
• 3:44
  Speaker 1: because many people look at this and say, this is
• 3:46
  Speaker 1: absolutely a deafening for what we're going to see here
• 3:49
  Speaker 1: in the market in terms of impact on jobs, impact
• 3:52
  Speaker 1: on small business, impact on employees in the federal government
• 3:56
  Speaker 1: who are been laid off by the hundreds of thousands
• 3:58
  Speaker 1: right now. The number could really start to impact how
• 4:02
  Speaker 1: we see the market going forward in terms of inflation,
• 4:07
  Speaker 1: possibly even stagflation where we see a.
• 4:08
  Speaker 2: Lot more job loss.
• 4:10
  Speaker 1: The key here, though, is critical, and that is the
• 4:14
  Speaker 1: fact that the United States economy controls a quarter of
• 4:18
  Speaker 1: the global GDP. Basically all the consumption is pretty much
• 4:21
  Speaker 1: done here in the United States. And I know it's
• 4:23
  Speaker 1: twenty five percent. But you have to remember there's one
• 4:25
  Speaker 1: hundred and eighty countries out there, and the sense that
• 4:27
  Speaker 1: one country is in control of over twenty five percent
• 4:31
  Speaker 1: of that world's economy, and most of the countries that
• 4:34
  Speaker 1: are shipping into the United States are depending on that
• 4:37
  Speaker 1: because of its capability of one spot kind of like
• 4:40
  Speaker 1: one stop shopping. That is a huge, I think, a
• 4:44
  Speaker 1: huge hammer. And this is what I think the situation
• 4:47
  Speaker 1: is brewing with China. If they aren't able to really
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  Speaker 1: kind of offset this. That's why I think you're seeing
• 4:52
  Speaker 1: China make deals with Canada, Mexico and pretty much anybody
• 4:55
  Speaker 1: they can to try to backfill this. But I do
• 4:57
  Speaker 1: not think it's going to work. It is going to
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  Speaker 1: be tightrope for Trump to be able to walk the
• 5:02
  Speaker 1: issue of tariffs without pushing the economy further into and
• 5:07
  Speaker 1: possibly a recession. So lots of changes right now for sure, guys,
• 5:13
  Speaker 1: And I think the key here April second, whether you're
• 5:16
  Speaker 1: trading into it or trading out of it, let me
• 5:19
  Speaker 1: know drop some comments down below. Always subscribe right here
• 5:22
  Speaker 1: by the way.
• 5:23
  Speaker 2: We are flying on. Subscribers.
• 5:25
  Speaker 1: Thank you very much for continuing to watch this show,
• 5:28
  Speaker 1: and we of course cannot do it without you, guys.
• 5:30
  Speaker 1: Let's go over to Trump's race to make us a
• 5:33
  Speaker 1: bitcoin superpower. This is, of course, has been a big
• 5:35
  Speaker 1: deal with the Bitcoin reserve, and one of the things
• 5:38
  Speaker 1: that I think we have to look at is this
• 5:40
  Speaker 1: right here, and you have to kind of compare what's
• 5:43
  Speaker 1: happening in the rest of the world. So the your opinion,
• 5:45
  Speaker 1: noon in China, Mexico, North Canada have taken such drastic steps,
• 5:49
  Speaker 1: so they haven't moved in to follow behind them. I
• 5:52
  Speaker 1: think a lot of bitcoin people were thinking that we
• 5:54
  Speaker 1: would see immediate following of the United States, and we
• 5:59
  Speaker 1: may actually see the opposite of it. China, of course,
• 6:02
  Speaker 1: is the US largest trade partner by far, and it
• 6:05
  Speaker 1: is also the most prominent geopolitical opponent, but it's taken
• 6:09
  Speaker 1: a very strong stance against bitcoin. Now remember, China is
• 6:13
  Speaker 1: still i think in the top fifteen in terms of holders,
• 6:16
  Speaker 1: maybe top ten, and that I think will still play
• 6:20
  Speaker 1: into this. But when you look at the EU, which
• 6:23
  Speaker 1: has been very aggressive on good legislation or concrete legislation
• 6:27
  Speaker 1: may not be good, but concrete legislation at least.
• 6:29
  Speaker 2: They know what the rules are.
• 6:31
  Speaker 1: But it's not necessarily offering that much opportunity in terms
• 6:35
  Speaker 1: of strategic reserve, So that again is another factor. Now
• 6:38
  Speaker 1: bo Hinz, who is one of the guys that is
• 6:42
  Speaker 1: helping David Sachs kind of lead the charge here on
• 6:46
  Speaker 1: the Trump administration for digital assets, he talks a little
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  Speaker 1: bit on the bitcoin reserve and the stockpile.
• 6:52
  Speaker 4: Listening, I'll actually point you to Senator Lemmis's Bitcoin Act
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  Speaker 4: of twenty twenty five, in which she believes that we
• 6:58
  Speaker 4: can identify the real true value of some of these
• 7:01
  Speaker 4: gold certificates that that are. You know, basically, I think
• 7:04
  Speaker 4: it's like one hundred and seventy dollars an ounce is
• 7:06
  Speaker 4: what they're categorized at right now, and if we actually
• 7:08
  Speaker 4: realize the gains on that, that would be a budget
• 7:10
  Speaker 4: neutral way to acquire more bitcoin. I mean, there's there's
• 7:13
  Speaker 4: countless different ways you can do it. I know the
• 7:14
  Speaker 4: Secretary of Treasury best ending, the Secretary of Commerce that
• 7:17
  Speaker 4: with Howard Laudneck. I mean, they're going to come up
• 7:19
  Speaker 4: with I mean, these are smart people that understand this
• 7:21
  Speaker 4: space really well.
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  Speaker 5: Other assets. I know, we have bitcoin ethereum x or
• 7:25
  Speaker 5: p Salana Cardono that we're considered and brought up maybe
• 7:29
  Speaker 5: a part of the stockpile, right, are you guys considering
• 7:31
  Speaker 5: other crypto assets and with the ones that are in
• 7:34
  Speaker 5: those five what made you decide on those?
• 7:36
  Speaker 4: Well, first, I'll just say the reason that we structure
• 7:39
  Speaker 4: the SPR like we did is because Bitcoin is different,
• 7:41
  Speaker 4: It's unique, and so you know, we wanted to make
• 7:43
  Speaker 4: that distinction when we when we created Digital Assets National
• 7:46
  Speaker 4: Stockpile along with the SPR. You know, the reason that
• 7:49
  Speaker 4: those five tokens were listed or mentioned is truly just
• 7:53
  Speaker 4: based on market cap the five largest market gaps in
• 7:56
  Speaker 4: the space. But for us, we still want to welcome
• 7:59
  Speaker 4: and encurge innovation, uh with across you know, many ecosystems
• 8:03
  Speaker 4: in the space, and we understand that bitcoin is the grandfather.
• 8:06
  Speaker 4: We understand that it undergirds a lot of what's happening here.
• 8:10
  Speaker 4: But that's not to say that, you know, we don't
• 8:12
  Speaker 4: welcome these other players to continue to innovate buldun chain
• 8:15
  Speaker 4: and you know, create this new technology for Americans to
• 8:18
  Speaker 4: interact with and me we we're extremely supportive of that.
• 8:20
  Speaker 4: I think that's one reason why we wanted to mention
• 8:21
  Speaker 4: the Digital Assets actual stockpile and create that as well.
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  Speaker 1: So could they go out and say, well, now that
• 8:27
  Speaker 1: we have a balanced budget or you know this this,
• 8:29
  Speaker 1: you know surplus of value, would we go right to
• 8:32
  Speaker 1: buying bitcoin. I can't see that they could sell that
• 8:36
  Speaker 1: to the American people. I think it's going to have
• 8:37
  Speaker 1: to be a budget neutral position, something where they save
• 8:40
  Speaker 1: money and they possibly could invest that way. I think
• 8:44
  Speaker 1: a lot of this is still going to dependent on
• 8:46
  Speaker 1: two things. One of course, is how well the market
• 8:49
  Speaker 1: does and during this tariff scenario that's playing out.
• 8:54
  Speaker 2: And number two is how well.
• 8:56
  Speaker 1: The market does once we see stable coin legislation start
• 8:59
  Speaker 1: to play out.
• 9:00
  Speaker 2: And this is something that's very interesting.
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  Speaker 1: Stable cooin market cap reaches a historic milestone two hundred
• 9:05
  Speaker 1: and thirty billion people.
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  Speaker 2: Okay, this is a number.
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  Speaker 1: That to me is striking when you have a market
• 9:12
  Speaker 1: that is setting right now at just under a little
• 9:16
  Speaker 1: bit over two trillion dollars, very small market, not even
• 9:19
  Speaker 1: in comparison to gold yet. So the potential here for
• 9:23
  Speaker 1: stable coins going forward are really pretty dynamic. Couple of
• 9:28
  Speaker 1: tweets I want to hit on this is Matt Hogan.
• 9:30
  Speaker 1: Let me zoom in on that for you. He says,
• 9:32
  Speaker 1: I can't stop thinking about this, and this is a
• 9:33
  Speaker 1: reference to Scott Bessen's quote. It says we're going to
• 9:36
  Speaker 1: keep the US the dominant reserve currency in the world,
• 9:39
  Speaker 1: and were use stable coins to do it. So the
• 9:41
  Speaker 1: way that's going to work is stable coin companies, as
• 9:44
  Speaker 1: you guys know following our show, they way that they
• 9:46
  Speaker 1: back up a stable coin is usually through a US
• 9:48
  Speaker 1: Treasury purchase or some sort of US asset, and that
• 9:52
  Speaker 1: is the thing that plays out into this. If we
• 9:54
  Speaker 1: continue to see stable coins grow, there's going to be
• 9:57
  Speaker 1: more treasuries that are purchased, which will supp port the
• 10:00
  Speaker 1: US dollar. And if you look at the largest holders
• 10:04
  Speaker 1: right here, this was just a perplexity.
• 10:06
  Speaker 2: Quick look, Japan holds number one. They're not.
• 10:10
  Speaker 1: Let me kind of zoom in on that for you
• 10:11
  Speaker 1: guys a little bit so you can see it a
• 10:12
  Speaker 1: little bit better right there. All right, So Japan is
• 10:14
  Speaker 1: holding the top position right there on US Treasury's largest
• 10:17
  Speaker 1: foreign holder. Then you have China coming in second among
• 10:22
  Speaker 1: foreign countries. You got the UK holding in about seven
• 10:25
  Speaker 1: hund and twenty three these, I would say is very
• 10:27
  Speaker 1: on the friendly side as well as Japan. Luxembourg came
• 10:30
  Speaker 1: in and then look here a very interesting statement on
• 10:33
  Speaker 1: tether right there holding in at the number seventh position
• 10:39
  Speaker 1: on net buyers of US treasuries. Now, this is when
• 10:42
  Speaker 1: a market is depressed, all.
• 10:44
  Speaker 2: Coins are down.
• 10:46
  Speaker 1: Bitcoin has you know, basically re traced back down to
• 10:50
  Speaker 1: eighty k off of a one oh eight high.
• 10:54
  Speaker 2: Imagine where this goes in an agreement.
• 10:55
  Speaker 1: All that happened without any regulatory alignment. If we get
• 10:59
  Speaker 1: a stable coin bill, which according to Tom Emmer, we're
• 11:02
  Speaker 1: going to have very quickly. August is the deadline that
• 11:05
  Speaker 1: Trump is given to the House and the Senate to
• 11:07
  Speaker 1: get it done, and they've said they will get it
• 11:10
  Speaker 1: done without a doubt. Speaking of that, you've got to
• 11:12
  Speaker 1: look at what Swee is doing. Here's Walrus. So this
• 11:15
  Speaker 1: is big news on decentralized storage. I'll zoom in on that.
• 11:18
  Speaker 1: Wallace of course, is now a secure one hundred and
• 11:21
  Speaker 1: forty mili in fundraising. This is all being done to
• 11:25
  Speaker 1: essentially take over the storage concept of decentralized storage. And
• 11:29
  Speaker 1: now you guys know about file cooin and many others
• 11:32
  Speaker 1: that have really been holding this down for the last
• 11:35
  Speaker 1: few cycles. We is in the position right now that
• 11:39
  Speaker 1: they could actually start hosting rich media, et cetera. That
• 11:43
  Speaker 1: would be a real position of power for the Sweet network.
• 11:48
  Speaker 1: If this Walrus project becomes much more effective, and this
• 11:52
  Speaker 1: could really start to break a lot of things. And
• 11:54
  Speaker 1: of course you look at Cetus protocol, which is where
• 11:57
  Speaker 1: we'll see a lot of seas activity. But it's now
• 11:59
  Speaker 1: live on fans on one of the largest Web three wallets,
• 12:02
  Speaker 1: millions the phantom users. Now you can enjoy all these swaps,
• 12:05
  Speaker 1: all with liquidity coming off the Suite ecosystem right into
• 12:09
  Speaker 1: your fannem wallet. So that's another big, big, big point
• 12:12
  Speaker 1: for Suite. And bit Wise is also behind this, so
• 12:15
  Speaker 1: their CIO is very bullish on the DeFi space and
• 12:18
  Speaker 1: they see aptocin Suite as ETF contenders from the DeFi side.
• 12:23
  Speaker 1: And I had Matt Hogan on I think it was
• 12:25
  Speaker 1: last week, and I talked about this, the DeFi, the
• 12:28
  Speaker 1: looming DeFi innovation that's coming and could it become a
• 12:32
  Speaker 1: real competitor to ETFs. His answer was yeah, he saw
• 12:37
  Speaker 1: that much, and of course they're backing it up right there.
• 12:39
  Speaker 1: I'm kind of curious if do you feel like we
• 12:41
  Speaker 1: are still.
• 12:41
  Speaker 2: In a bull run?
• 12:43
  Speaker 1: Number one, let me know in the comments down below.
• 12:46
  Speaker 1: And number two, what's your strategy trading into this tariff
• 12:50
  Speaker 1: date that is looming April second. How would you play
• 12:54
  Speaker 1: between now and April second. Let me know in the
• 12:57
  Speaker 1: comments down below. Love to hear from you guys. If
• 12:58
  Speaker 1: you're not the Diamond Circle, get in on that, or
• 13:01
  Speaker 1: you can jump in and tell me that over on
• 13:03
  Speaker 1: the Telegram group. We use the same link down below
• 13:05
  Speaker 1: to get into that, and of course join me out
• 13:07
  Speaker 1: there on x at Paul Baron. We'll catch you next
• 13:09
  Speaker 1: time right here on Techpath