Bitcoin takes a beating as a tariff declaration

Bitcoin prices have stumbled recently, as they were subjected to a noticeable decrease as risk origins witnessed large -scale losses in the wake of US President Donald Trump’s recent announcement.

The world’s most prominent digital currency has decreased to nearly $ 81,300 today, according to L. Coinmarketcap data.

At this stage, the cryptocurrency lost more than 7 % of its value after reaching the highest level during the day approximately $ 88,000 less than 24 hours at around 4:15 pm EST.

Since the lowest level decreased during the day about 81,300 dollars, Bitcoin has recovered to some extent, but at the time of writing this report, it was trading approximately $ 83,000.

Yesterday, after closing the stock market, US President Donald Trump announced the last round of the definitions, duty A 10 % blanket rate on a very country in the world.

This change, which Trump has made the authority he enjoys under the Economic Forces Law in international emergency situations of 1977, will enter on April 5.

The President revealed that the United States will put an additional tariff on specific countries, for example China, which has benefited from major trade surpluses with the United States, is scheduled to enter these policies on April 9.

After the White House presented this news, the origins of the risk began to decrease. Bitcoin, along with many other digital origins, suffered from losses.

When the American stock market opened the next day, stocks witnessed noticeable drops. For example, the standard S&P 500 index lost 4.8 % in one day, according to Google Financing Data. The nasdaq technology compound has suffered a greater decrease, as it has fallen around 6 % today.

Declaration carefully defined

ENNEKING, Administrative partner of psalmComment on the situation, and the division to the exact time of Trump to reveal the latest policy changes.

“Trump has taken the time of announcing his definition with great care, as soon as the stock markets were closed,” he said via email.

“Despite his allegations that he is” nice “, everyone in his administration was aware of the affection of his advertisement knows that the effect will be huge and negative, and therefore this very precise time.”

He added: “The encryption markets, however, are never closed, so, after an optimistic and prohibited height to more than 88 thousand dollars only before its announcement, BTC literally fell during a” Construction Day “statement in Trump with the disclosure of every new – and high -softening level -“.

Anxiety from investors flee the risk assets

Brett Sefling, the director of wealth for Geerber Kawasaki wealth and investment managementAlso weighed in.

“We believe that Bitcoin is still seen as one of the market participants. With recent tremors in the financial markets and customs tariff news, it seems that most of the assets that revolve around the risks are sold in all areas.”

“This can be confirmed by seeing a deep correction in the large CAP technology shares represented by Nasdak,” Sefling added.

“Investors are concerned about slowing growth and potential stagnation, making them sell risky investments such as Bitcoin and toured a journey to safety in the seasons of the most conservative assets,” and concluded.

Other considerations

An analyst, a tiktok influencer who passes Wendy O, has taken different action from the situation.

When I was asked if Trump’s recent advertisement closed the last Bitcoin decrease, she replied via e -mail that “yes I agree to the extent that the low price of bitcoin is due to the customs tariff. However, there may be some other factors that contribute to the low price of bitcoin.”

With technical analysis, we can see a fixed decrease from $ 109,000 since 1/20/2025. Week 2/25/2025 We got a lower decrease

The graph below shows these price movements:

“I also consider that the current demand for gold is a factor, as both bitcoin and gold are overflowing again inflation and geopolitical certainty.”

The gold spot reached approximately $ 3,170.00, according to L. Kitco news data.