$BTC

Bitcoin's price has been impacted by the recent tariff announcements, particularly those made by former US President Donald Trump. The tariffs have sparked concerns about a global economic slowdown, leading to increased market volatility and a decline in Bitcoin's value .

*Current Price:* Bitcoin's current price is around $76,442.40, with a 7.35% decrease in the last 24 hours.

*Tariff Impact:* The tariffs have led to :

- *Increased Selling Pressure*: Bitcoin's price dropped from $85,024 to $82,372 after Trump's tariff announcement.

- *Resistance Levels*: Bitcoin faces resistance in the $85,257 to $95,300 price range due to unrealized losses.

- *Potential Price Movement*: Analysts predict Bitcoin's price could drop to $76,000-$78,000, with a possible further decline to $52,000-$56,000 in the summer.

*Expert Opinions:*

- *Tracy Jin, COO of MEXC*: Believes the tariffs could lead to extreme volatility and question Bitcoin's status as a safe-haven asset.

- *Aran Hawker, CEO of CoinPanel*: Notes that macro-driven correlations are increasingly shaping price action in major cryptos.

- *Omid Malekan, Adjunct Professor at Columbia Business School*: Suggests that Bitcoin might emerge as a viable alternative to traditional safe-havens like gold .