As of April 9, 2025, the cryptocurrency market is experiencing notable fluctuations:

• Bitcoin (BTC): Currently trading at $75,948, down approximately 5.98% from the previous close. Intraday prices have ranged between $74,772 and $80,833.

• Ethereum (ETH): Priced at $1,428.86, reflecting a 10.22% decrease. The day’s trading range spans from $1,397.75 to $1,607.64.

• Dogecoin (DOGE): Trading at $0.1412, down 7.5%, with intraday movements between $0.1372 and $0.1563.

The recent downturn is largely attributed to escalating trade tensions following President Trump’s announcement of extensive tariffs and subsequent retaliatory measures from China. These geopolitical developments have heightened market volatility, impacting both traditional and digital asset markets. 

Analysts suggest that if current support levels fail, Bitcoin could potentially decline further to the $55,000–$57,000 range.