#BinanceSafetyInsights
Today, April 9, 2025, the Bitcoin (BTC) currency has seen a significant decline in its value. Its price dropped by 4.2% to reach $76,523.5, after hitting a low of $74,600. This decline comes amid escalating trade tensions between the United States and China, where the United States imposed a 104% tariff on Chinese imports, and China retaliated by raising tariffs to 84% on American imports. These developments have negatively impacted global financial markets, including the cryptocurrency market.