#BTC

$BTC **Bitcoin Price Today: BTC Slips Below $82K Amid Tariff War Jitters**

*March 31, 2025*

### **Current Price Action**

Bitcoin (BTC) traded at **$81,710** today, down **1.7%** over the past 24 hours, with intraday swings between **$81,293** and **$83,505**. The decline extends a weekend slide, erasing gains from last week’s brief rally near $90,000.

### **Market Drivers**

1. **Macroeconomic Uncertainty**: Global markets are bracing for U.S. tariff announcements on April 2, speculated to escalate trade tensions. This has triggered risk-off sentiment, with safe-haven assets like gold hitting record highs while stocks and crypto falter.

2. **Technical Weakness**: Analysts note a bearish "Rising Wedge" pattern forming, signaling potential further downside. Support levels around **$83,500** were breached, with next targets near **$82,500**.

3. **ETF Flows**: Bitcoin ETFs saw **$196 million in net inflows last week**, but Friday’s outflows of **$93 million** reflect short-term caution.

### **Altcoin Performance**

- **XRP and ADA** led losses among majors, dropping **5% and 3.1%**, respectively.

- **Solana (SOL)** bucked the trend with a **0.23% gain**, while Ethereum (ETH) fell **1.4%** to **$1,812**.

### **Historical Context**

- BTC is down **12.21%** this quarter, its worst Q1 since 2018.

- Year-to-date, it remains **18.15% higher** than March 2024 levels.

### **Outlook**

Analysts suggest BTC’s near-term trajectory hinges on:

- **Breaking resistance at $88,000** to target **$95,000**.

- **Holding $82,500 support** to avoid deeper corrections.