$BTC

In recent weeks, financial markets have experienced significant volatility due to rising trade tensions between the United States and China. On April 6, 2025, Gulf stock markets recorded notable declines, driven by fears of a global recession following the imposition of tariffs by the U.S. and China's retaliation with a 34% tariff on U.S. products, effective from April 10. The benchmark index of Saudi Arabia fell by 6.8%, while the U.S. S&P 500 lost $5 trillion in value over two days.

Amid this uncertainty, the price of Bitcoin (BTC) has shown mixed movements. Currently, BTC is trading at $81,265, reflecting a decrease of 1.95% from the previous close. Despite this drop, some analysts maintain optimistic projections for Bitcoin in 2025. For example, ARK Invest forecasts that BTC could reach at least $124,000, while Standard Chartered Bank estimates that it could approach $200,000 by the end of 2025, driven by the approval and success of Bitcoin ETFs in the U.S.