$BTC The recent stagnation of the Bitcoin market is mainly due to increasing global trade tensions following President Donald Trump's announcement of a 90-day tariff pause, excluding China. This has led to an increase in tariffs on Chinese imports, which has provoked retaliatory measures from China, increasing uncertainty in the market.
As of April 11, 2025, Bitcoin is trading at approximately $80,261, reflecting a decrease of 2.43% from the previous close. The day's trading range has seen a high of $82,476 and a low of $78,626.
Analysts warn that the price of Bitcoin could face greater pressure if trade tensions persist, which could lead to increased volatility in the cryptocurrency market.
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