#TrumpTariffs #TrumpTariffs
📉 April Tariff Shock: Bitcoin Tanks
On April 2, Trump announced broad "Liberation Day" reciprocal tariffs—10%+ on imports from key partners like China, Canada, the EU. The announcement triggered a sharp downturn: Bitcoin fell ~8–12%, dropping from the $90–110 K range down to as low as ~$71 K on some estimates .
Analysts flagged technical support zones: if BTC breaks below ~$91 K, it could slip toward $71 K .
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⚖️ Volatility & Safe-Haven Shift
Following the tumble, bitcoin began to rebound—gaining ~15% in April—as investor sentiment shifted away from U.S. equities and Treasuries .
Sustained trade tensions have contributed to a weakening U.S. dollar, which has helped risk assets including bitcoin and gold reach new highs .
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📊 Short‑Term Pain, Long‑Term View
Short-term: Tariffs suppressed markets, hurting growth and unnerving risk sentiment—BTC tracked equities downward .
Long-term: A weaker dollar could support a rebound. Analysts anticipate BTC climbing back to $120–130 K or higher if inflation persists and the Fed eases monetary policy .
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🎥 Video Spotlight: Market Fallout from Tariffs
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🧭 Key Takeaways
Term Impact
Immediate Significant sell‑off: BTC dropped 8–12% amid tariff shock & stock market fall
Recovery phase BTC rebounded 15% off lows as traders sought alternatives to risk-offs
Dollar link The tariff‑driven weakening of the USD benefits BTC over time
Outlook Short-term risk remains; long-term tailwinds could push BTC toward $120–130 K+
---$BTC