The Bitcoin currency has witnessed significant fluctuations in recent days, influenced by global economic and political developments.
On April 7, 2025, the price of Bitcoin dropped to its lowest level since the beginning of the year, falling by 5% to reach $78,892.92, affected by escalating global trade tensions and the imposition of new tariffs by the administration of U.S. President Donald Trump.
On April 9, 2025, President Trump announced a temporary suspension of tariffs for 90 days on most countries, except for China, which was subjected to tariffs of 125%. This announcement led to a 7.7% increase in the price of Bitcoin, surpassing $82,000, while other cryptocurrencies like Ethereum (ETH) and Solana (SOL) also experienced notable increases.
These movements illustrate how cryptocurrency markets are influenced by global political and economic developments, prompting investors to monitor events and make informed decisions based on updates.
