As of April 3, 2025, Bitcoin (BTC) is trading at approximately $81,950, reflecting a 5.63% decline from the previous close. The day’s trading range has seen a high of $88,398 and a low of $81,257.

Recent market movements have been influenced by President Trump’s announcement of new tariffs, dubbed “Liberation Day” tariffs, which have introduced uncertainty into the financial markets. Analysts are closely monitoring the $78,000 support level, as a breach could signal further downside toward $75,000, while a rebound might target resistance levels around $85,000 to $88,000.  

Additionally, technical indicators suggest that Bitcoin is approaching a “death cross,” where the 50-day moving average crosses below the 200-day moving average, potentially indicating further bearish momentum. 

In the meme coin sector, the TRUMP token has experienced a significant decline, reaching an all-time low of $8.97 following the tariff announcements. A major token unlock scheduled for April 17, involving the release of 40 million TRUMP tokens (approximately 20% of the circulating supply), is anticipated to exert additional downward pressure on its price. 

Investors are advised to exercise caution, conduct thorough research, and implement robust risk management strategies in light of these developments. $BTC