Bitcoin recently dipped below $80,000 amid rising global economic tensions. As of April 8, 2025, it trades around $80,311 after briefly hitting a low of $74,561. This drop follows U.S. tariff hikes by President Trump and China's retaliatory measures, which triggered a sell-off across risk assets, including cryptocurrencies. Market analysts warn that if Bitcoin breaks key support at $73,745, it could fall to the $55,000–$57,000 range. Despite the short-term volatility, some experts remain cautiously optimistic about Bitcoin’s long-term potential. Investors are advised to closely monitor geopolitical developments and market signals for informed decisions in the current uncertain environment.
