On April 1, 2025, the cryptocurrency market surged ahead of U.S. President Donald Trump's tariff announcement on “Liberation Day” (April 2nd). Bitcoin reached $84,900, but analysts still worry about the impact of the trade war. Will crypto continue its upward trend or face new challenges?
Crypto Rises Ahead of Tariff Announcement
Bitcoin has risen more than 2.5% in 24 hours, reaching $84,900 and nearing the $85,000 mark – the highest since last week, according to CoinGecko. Major altcoins also increased: Ethereum (ETH ~$1,917, +4%), Dogecoin ($DOGE ~$0.17, +3%), Cardano ($ADA , +2.5%), and Solana ($SOL ~ $150). This surge occurred as investors are optimistic that Trump’s tariffs will be lighter than expected, reducing the risk of a global trade war.