🚨 Why is Bitcoin Falling today? 🚨

China has announced an additional 34% tariff on all U.S. goods, effective April 10, 2025, in response to recent U.S. tariff hikes. This escalation in trade tensions has contributed to a decline in Bitcoin’s value.

Bitcoin Market Update

Current Price: $82,152 (-1.30%)

Intraday High: $84,720

Intraday Low: $81,211

Why is Bitcoin Falling?

1ļøāƒ£ Trade War Impact – Heightened U.S.-China trade tensions have created market uncertainty, leading investors to reduce exposure to risk assets like BTC.

2ļøāƒ£ Inflation Concerns – U.S. inflation fears and expectations of prolonged high interest rates are negatively affecting speculative investments.

3ļøāƒ£ Profit-Taking – After Bitcoin’s rally earlier this year, some investors are securing profits, adding to selling pressure.

šŸ“‰ Analysts warn that if the uncertainty continues, Bitcoin could test support levels around $74,000 in the near term.