The Incrypted editorial team has prepared a digest of the most significant events in the cryptocurrency industry over the past week. The article discusses the tariff war, tax regulation in Ukraine, and the confirmation of Paul Atkins as the head of the U.S. Securities and Exchange Commission (SEC).
This is reported by Finway
Bitcoin Price: Fluctuations and Predictions
At the beginning of the week, from April 6 to 7, 2025, the price of Bitcoin sharply fell below the $75,000 mark, resulting in liquidations totaling over $1 billion. However, the asset later partially regained its position. On April 9, Bitcoin exceeded $83,000, but the following day it fell again below $79,000. At the time of writing this article, the price of Bitcoin is trading at approximately $84,700, according to TradingView data.
Cryptocurrencies in Ukraine: New Initiatives and Regulation
On April 8, the head of the National Securities and Stock Market Commission of Ukraine, Ruslan Mahomedov, presented a taxation matrix for virtual assets for cryptocurrency market participants. According to this matrix, virtual assets will be subject to taxation at preferential and standard rates. Meanwhile, the head of the Verkhovna Rada committee, Danilo Hetmantsev, refuted this information, stating that the matrix is not related to the current draft law.
“According to the matrix, the standard rate will be 18% personal income tax and 5% military tax,”
It was also announced that the NBU will prepare a draft law on virtual assets by October 2025 with the involvement of international partners.
As part of the tariff war, on April 2, 2025, U.S. President Donald Trump introduced a large package of customs tariffs, which experts estimate may negatively impact the demand for cryptocurrencies in the short term. However, in the medium term, this could lead to increased interest in Bitcoin.
According to a report by Grayscale, the tariffs could lead to stagflation, which would negatively affect traditional assets but be favorable for scarce assets such as gold and Bitcoin.
Thus, the current situation in the cryptocurrency market and new legislative initiatives in Ukraine highlight the importance of monitoring and adapting to changes in the global economy.