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3 Reasons Bitcoin Is Still the Smartest Long-Term Hold in Crypto

In a sector packed with assets that arrive on Monday and hit zero by Thursday, Bitcoin (CRYPTO: BTC) stands on its own as a cryptocurrency that's practically guaranteed to survive and possibly even thrive over the long term. One of the core pillars of Bitcoin's long-term investment thesis is that it's designed to maintain its purchasing power relative to fiat currencies. Fiat currencies are issued by governments.

Wall Street plunges as Trump tariffs trigger recession fears

(Reuters) -Heavyweight technology stocks led a broad selloff on Wall Street on Thursday after President Donald Trump's sweeping tariffs on major trade partners ignited fears of an all-out trade war and raised the risk of a global economic recession. Investors fled from risky assets, seeking the safety of government bonds after Trump slapped a 10% tariff on most goods imported into the United States and much higher levies on dozens of other countries. High-flying technology stocks, that have pushed Wall Street to record highs in recent years, suffered big declines on Thursday.