$BTC On April 10, 2025, Bitcoin (BTC) experienced a significant surge, trading at approximately $81,681, marking an increase of about 7.5% from the previous close. This uptick followed President Donald Trump's announcement of a 90-day pause on increased tariffs for 75 countries, reducing the baseline rate to 10% while maintaining higher tariffs against China.
CRYPTO NEWS AUSTRALIA
The market responded positively to this development, with Bitcoin's price spiking above $84,000 shortly after the announcement. Analysts are now eyeing the $88,800 resistance level, with some suggesting that the $100,000 price target is back in focus if bullish patterns persist.
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FINGERLAKES1.COM
In related news, Pakistan is exploring the utilization of its surplus electricity by supporting Bitcoin mining and Al data centers. This initiative aims to address the country's overcapacity in the energy sector and foster economic growth through innovation in blockchain and Al technologies.
REUTERS
Overall, the cryptocurrency market's strong rebound indicates a sensitivity to broader economic policies and a potential return of risk appetite among investors.
