$BTC

Bitcoin Faces Volatility Amid Intensifying Trade Tensions

On April 9, 2025, Bitcoin (BTC) experienced significant volatility, trading between an intraday low of $74,772 and a high of $79,980, before settling around $77,684 by day's end. This 2.8% decline from the previous close reflects broader market reactions to escalating trade tensions. The U.S. imposed a 104% tariff on Chinese imports, prompting retaliatory measures from China, which announced an 84% tariff on U.S. goods. These developments have intensified market uncertainties, contributing to Bitcoin's price instability. Investors are advised to monitor geopolitical events closely, as they continue to influence cryptocurrency market dynamics.