#CryptoTariffDrop

BITCOIN PRICE DROP: WILL TRUMP’S TRADE TARIFFS PUSH BTC TO CAN A REBOUND ABOVE $91K SAVE THE MARKET WITH MARKET UNCERTAINTY AT ITS HIGHEST ?

Bitcoin’s price saw sharp movements following President Donald Trump’s announcement of sweeping tariffs on April 2, with analysts suggesting the market drop could present a buying opportunity. S&P 500 futures fell over 2%, erasing more than $2 trillion in market value, while Bitcoin initially surged to $88,000 amid rumors of a delay in tariffs before falling to $82,000. As of April 3, Bitcoin was trading at around $83,000, with the overall digital asset market down more than 4% in 24 hours. Major including Ethereum and Solana, also saw declines of over 6% and remained at multi-month lows.

Despite this volatility, some analysts see the tariff announcement as removing uncertainty from the market. Valentin Fournier, Lead Analyst at BRN, stated that with speculation now reduced, institutional investors could return, increasing buying pressure. David Hernandez, a Crypto Investment Specialist at 21Shares, noted that while the tariff rates were slightly higher than expected$BTC